Alibaba Posts Profit on E-Commerce Demand Ahead of Potential IPO

Alibaba Headquarters | Source: Reuters

Jan. 28 (Bloomberg) -- Alibaba Group Holding Ltd., China’s online marketplace for products from Louis Vuitton bags to Boston lobsters, swung to a quarterly profit ahead of a potential initial public offering.

Net income attributable to ordinary shareholders was $792 million in the three months ended September, up from a loss of $246 million a year earlier, according to a presentation from Yahoo! Inc., which owns a

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Behind Intel’s New Fashion Collaborations

L: Carol Lim and Humberto Leon, co-founders of Opening Ceremony; R: Brian Krzanich, chief executive of Intel | Source: Courtesy

With the worlds of fashion and technology set to become increasingly intertwined, Intel has announced a series of collaborations with Opening Ceremony, Barneys New York and the CFDA, aimed at fostering the development of stylish wearables.

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BoF Exclusive | Dazed Scales Back Print to Six Issues Per Year, Expands on Web

The January 2014 and December 2013 covers of Dazed & Confused | Source: Dazed & Confused

Today, BoF can exclusively report that Dazed & Confused, one of fashion’s most respected youth-focused magazines, will reduce the frequency of its print publication to 6 times per year as it continues to expand its audience online.

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Goldman to Provide $120 Million Pre-IPO Loan to China Warehouse Firm

Source: Shutterstock

HONG KONG, China — Goldman Sachs has agreed to provide a $120 million pre-IPO loan to Shanghai-based warehouse developer e-Shang, co-founded by U.S. private equity firm Warburg Pincus, e-Shang said on Thursday. Warburg has also raised its total investment to $200 million in the company it helped establish in 2011 with two local entrepreneurs.

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