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Market Rumors: Alibaba, 1MBD, GFI Group

By Chelsea Naso (January 30, 2015, 7:19 PM EST) -- Chinese e-commerce behemoth Alibaba Group Holding Ltd.'s finance arm, Zhejiang Ant Small & Micro Financial Services Group Co. Ltd., is planning an initial public offering for next year, Bloomberg reported Friday, citing people familiar with the matter. Ant Financial, which runs Alibaba's payments business, has an estimated value of about $50 billion and is weighing a private placement before going public, the report said. ...

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