--Alibaba Group's global online-shopping unit, which includes major e-commerce brands Lazada and AliExpress, is weighing a U.S. initial public offering, Bloomberg reports, citing people familiar with the matter.

--The IPO size has yet to be determined, but there are talks with banks that could potentially help prepare for the IPO next year, Bloomberg cited an unnamed source as saying.

Full story: bit.ly/3VwoNwV

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(END) Dow Jones Newswires

May 04, 2023 07:14 ET (11:14 GMT)

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