As Giant U.S. IPO Nears, Alibaba’s China E-Commerce Crown Slips

Source: Reuters

SHANGHAI, China — Alibaba's dominance of online retail in China faces its biggest-ever challenge as the firm founded by Jack Ma in a one-room apartment 15 years ago lines up a U.S. initial public offering that could value the firm at around $140 billion.

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Vipshop’s 2,462 Percent Rally Proving T.J. Maxx Model

Vipshop debuts on the New York Stock Exchange | Source: NYSE

NEW YORK, United States — The rally in Vipshop Holdings Ltd. is showing few signs of abating 19 months after it began. The Chinese online fashion retailer jumped 27 percent last week to $166.55 in trading in New York, extending its gain to 2,462 percent since its initial public offering in March 2012.

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