360buy.com, also known as Jingdong Mall, is planning to raise between $4 billion and $5 billion through an initial public offering (IPO), Reuters reports. The IPO is planned for the second half of 2012.

In April, the Chinese online retailing firm raised $1.5 billion in a private financing that valued the company at about $10 billion. Jingdong’s revenue is likely to reach $4.4 billion by the end of this year.

Click here for the story from Reuters.