Alibaba Goes Global to Top $5.7 Billion on Singles’ Day

Alibaba headquarters | Source: Reuters

Alibaba Group Holding Ltd. turned an obscure Chinese holiday into the country’s biggest shopping event. Now it’s aiming to take the success of Singles’ Day global by tapping foreign brands, including Calvin Klein and Blue Nile Inc.

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Alibaba’s First Earnings to Test Mettle, Investor Enthusiasm

Alibaba's headquarters in Hangzhou | Source: Reuters

Alibaba Group Holding Ltd’s first full quarterly report card to Wall Street investors on Tuesday will be scrutinized by the hopeful seeking validation for lofty stock price targets and studied by the few skeptics searching for inauspicious signs.

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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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Alibaba Founder: “The Next Five Years are the Golden Age for E-commerce” in China

HANGZHOU, China — Billionaire Jack Ma, founder of Alibaba Group Holding Ltd., said “the next five years are the golden age for e-commerce” in China, which has more online shoppers than the U.S. The value of its online retail transactions is projected to double to $411 billion by 2015.

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