BABA
Alibaba Q2 Revenue Surges, But Faces Profit Margin Pressure
| Michael A. Katz | | Nov 04, 2014 03:23 PM EST |
In its first quarterly earnings report since its IPO, Alibaba's revenue jumped 54% to $2.74 billion. However, its profit margins narrowed during the quarter, a trend that could continue, experts warn, if the company focuses too much on growth.
Alibaba Starts Trading At NYSE; Shares At US$68 In Largest U.S. IPO Ever
| Marie Angel De Leon | | Sep 19, 2014 08:15 AM EDT |
Chinese e-commerce giant Alibaba Group Holding Ltd. finally carried out its Initial Public Offering on Thursday and set the price of its stocks at US$68 a piece.
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