Saturday, September 23, 2023
HomeiposGoing online – China internet IPOs to watch in 2014

Going online – China internet IPOs to watch in 2014

Favorable financial market conditions combined with strong industry growth should make 2014 a big year for Chinese internet companies.

Investment advisory firm ABR Investment Strategy expects a number of successful initial public offerings (IPOs) to come online this year, with e-commerce, online video, travel and recruitment expected to be hot themes.

(Read more: End of China's IPO freeze really bad news for stocks?)

A recent ABR report titled China internet IPOs to look for in 2014 details nine online companies that are likely to list this year. Here are the top four by valuation:

Alibaba.com's headquarters in Hangzhou, Zhejiang Province, ChinaNelson Ching | Bloomberg | Getty Images

Alibaba Group

ABR expects that China's e-commerce giant could be valued at $130 to $170 billion dollars, following a $360 million investment in Haier Electronics last year.

Alibaba's Taobao.com and Tmall.com, which are the leading online shopping platforms in China, are expected to see combined revenue rise nearly 80 percent this year after virtually doubling last year.

(Read more: )

JD.com

This e-commerce site is also expected to benefit from China's insatiable appetite for online shopping. ABR expects the valuation for this company to be in the range of $45 to $55 billion. Third-party reports suggest there are over 150 million registered users and the company is also seeing strong traction in its mobile initiative.

While JD.com competes directly with Alibaba's Tmall, ABR expects that, over the long term, the market will be large enough to have more than one dominant player.

RELATED ARTICLES

Most Popular