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Posts Tagged ‘Alibaba Group Holding Ltd’

By Alexei Oreskovic and Deepa Seetharaman SAN FRANCISCO (Reuters) – Alibaba gave investors a closer look at the scale and growth of the Chinese e-commerce juggernaut in an initial public offering (IPO) prospectus filed on Tuesday, the first step in what could be the largest technology debut in history. Alibaba Group Holding Ltd, which powers […]

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HONG KONG (AP) — The mammoth IPO planned by e-commerce giant Alibaba Group highlights founder Jack Mas improbable rise to Chinas entrepreneur-in-chief.

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A lot of Americans don’t know about Alibaba, the Chinese e-commerce giant which filed for a US IPO yesterday. On Black Friday of this year, Alibaba sold $5.75 billion in goods. With the money it collects from an IPO Alibaba has plans not just to dominate China, but to take on titans like Amazon with […]

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