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  1. phil
    April 15th, 2014 at 11:48 pm

    From Bloomberg, Apr 15, 2014, 8:51:32 PM

    Employees celebrate in front of a big screen displaying real-time statistics of transactions on Taobao and Tmall, the two main shopping sites of Alibaba, after the total single-day volume exceeded 30 billion yuan (US$4.926 billion) at the data center of Alibaba in Hangzhou city, east China’s Zhejiang province, on Nov. 11. 2013. Photographer: Imaginechina/ZUMA Press

    Alibaba Group Holding Ltd. posted a surge in fourth-quarter profit as analysts prepare to raise their valuations ahead of a potential U.S. initial public offering by China’s largest e-commerce company.

    To read the entire article, go to http://www.bloomberg.com/news/2014-04-15/alibaba-profit-grows-ahead-of-initial-public-offering.html
    Sent from the Bloomberg iPad application. Download the free application at http://itunes.apple.com/us/app/bloomberg-for-ipad/id364304764?mt=8



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