Alibaba

Jack Ma Prepares for Second Alibaba IPO

Jack Ma Prepares for Second Alibaba IPO

Jack Ma the former school teacher at 49 surely knows the best time to opt for an initial public offering.

Alibaba's sales rose 66% in sales to $3.06 billion

Alibaba's sales rose 66% in sales to $3.06 billion

Alibaba Group Holding has said that it has recorded an increase of 66 percent surge in sales to $3.06 billion during the previous quarter comapred to the same quarter of the previous year.

Li states losing Alibaba signifies need for change

Li states losing Alibaba signifies need for change

Charles Li, the head of the Hong Kong Stock Exchange, has said that losing Alibaba clearly shows the need for a change. Letting go of something that might possibly be the largest internet offering in the history of China is not the right sign for a country that is seeking to be a lucrative investment gateway for the second largest economy in the world.

Former Executive of Alibaba Jonathan Ma Will be its New Chief Executive

Former Executive of Alibaba Jonathan Ma Will be its New Chief Executive

After the resignation of former chief executive and billionaire Chinese e-commerce company founder of 'Alibaba' Jack Ma, who gave a statement in January that he is resigning to make some way for the younger leaders to step in, would be succeeded by company's former executive Jonathan Lu.

Alibaba makes IPO Arrangements

Alibaba makes IPO Arrangements

Alibaba Group Holdings Ltd., which is accredited as the biggest e-commerce company in China has made certain arrangements for an initial public offering. Sources known to the matter were of the view that the company has hired Credit Suisse Group AG as well as Goldman Sachs Group Inc. (GS) to do the task.

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