Alibaba's record-setting stock offering due this week gives the Chinese online group a huge war chest that can help its global expansion.
Alibaba founder Jack Ma struck a conciliatory note Monday over its failure to list in Hong Kong, as the Chinese e-commerce giant began an Asian roadshow before a possible record-breaking IPO in New York.
With a possible record-breaking stock offering, Chinese online giant Alibaba is set to boost its role as a global company with a massive expansion potential.
Chinese e-commerce giant Alibaba plans to hold its initial public offering on the US stock market the week of September 8, the Wall Street Journal reported Saturday, citing a person familiar with the matter.
Alibaba's quarterly revenue growth is surging again, a development that should help the Chinese e-commerce company sell its shares in what could be one of the world's largest IPOs.
The recently acquired film unit of Chinese e-commerce giant Alibaba said Friday that a review has uncovered possible accounting irregularities.
Last year, Snapchat decided Facebook's $3-billion offer wasn't cool. You know what's cool? $10 billion.
Yahoo on Tuesday reported quarterly earnings showing a revenue slump and prompting chief executive Marissa Mayer to declare "we are not satisfied."
Shares in the company behind GoPro cameras, used to capture sports action from players' perspectives, jumped more than 30 percent on their first day of trading.
Alibaba will list its shares on the New York Stock Exchange under the trading symbol "BABA," the Chinese e-commerce giant said Thursday.