Companies do IPO if they need new funds to grow their biz, Does Alibaba..
1. Does Alibaba need funds to grow the business? If so, then, yes there will be an IPO. Alibaba, I believe need lots of money to grow in Southeast Asia.
2. Will they need warehouses, trucking fleet to better serve their customers? If the answer is yes, then they will need a lot of money.
3. Do they want to impede competition from others? If yes, then they will need money to become bigger, which will make them more relevant and thus forestall competition.
4. Does Jack Ma want to be the riches man in the world? At the level of Sim, Gates and Buffet? Hell Yes!!!
Will Alibaba get the funds from an IPO or the current owners who are selling some of their part of the company to the public? If you sell part of or all of your private pool cleaning company to the public who gets the cash?
Alibaba Group does not own a part of itself to sell in an IPO. Can Alibaba Group then use the funds Yahoo gets in the IPO to grow the business?