Search Results for: Alibaba
Goldman Sachs wins role stabilizing early trade in Alibaba IPO
September 4th, 2014
Goldman Sachs Group Inc (GS.N) will be the bank in charge of overseeing early share trading in China’s Alibaba Group Holding Ltd’s (IPO-BABA.N) initial public offering, according to a source. Other banks working on the e-commerce company’s IPO were ...
Second Alibaba IPO in Rally
September 2nd, 2014
Jack Ma knows how to time an initial public offering. The 49-year-old former school teacher preparing to list Alibaba Group Holding Ltd. during a record rally for U.S. stocks did the same thing seven years ago, when Alibaba.com Ltd. ...
A Chinese E-Commerce Company Is Born and enters competition with Alibaba
August 29th, 2014
Dalian Wanda Group, the Chinese real estate, cinema and retail conglomerate controlled by the billionaire Wang Jianlin, announced on Friday that it would enter the e-commerce industry in an $800 million partnership with Baidu and Tencent, two of China’s ...
Mega-IPO to rekindle the ‘bromance’ behind Alibaba’s rise
August 28th, 2014
Masayoshi Son’s nose for an investment has turned a $20 million start-up punt on Alibaba into a stake worth maybe $50 billion or more as the Chinese e-commerce giant co-founded and led by Jack Ma heads to what could ...
Alibaba revenue soars ahead of IPO
August 28th, 2014
Alibaba Group Holding Ltd’s revenue accelerated in the second quarter on strong gains in its mobile business, providing investors with what may be the final glimpse of the Chinese e-commerce company’s financials before its expected landmark market debut. ...
Alibaba overhauls pact with Alipay parent
August 13th, 2014
The pact between Alibaba Group Holding Ltd and its payment affiliate Alipay was overhauled. This boosted the Chines e-commerce giant’s potential gain if Alipay is sold or goes public. Alibaba, which is set to go public in New York ...
Alibaba Has a Computing Cloud, and It’s Growing, Too
August 5th, 2014
Alibaba, the Chinese e-commerce giant, has a growing cloud computing business and a hunger for American companies. And soon, it will most likely have a large amount of cash. Will it take on the American cloud giants? It would ...
Alibaba Is Investing big in U.S. Tech Companies
August 1st, 2014
Chinese Internet retailer, Alibaba Group, is going to America with plans for big investment. In March, Alibaba made a $215 million investment in Tango, a messaging app. It recently contacted Snapchat, another messaging app that this year turned down a $3 ...
Alibaba in Talks to Invest in Snapchat
July 31st, 2014
Snapchat Inc. has held preliminary talks with Chinese e-commerce giant Alibaba Group Holdings Ltd. to raise a new round of financing that could value the mobile-messaging startup at about $10 billion, according to people familiar with the matter. The ...
Alibaba Plans IPO for After Labor Day
July 18th, 2014
Investors will have to wait a little longer for a chance to buy into the year’s most-anticipated initial public offering. Alibaba Group Holding Ltd. on Thursday decided to push back its IPO—which could raise more than $20 billion—until after ...
