At its initial public offering in September 2014, Alibaba Group Holdings Ltd. (NYSE: BABA) was valued at $167.7 billion. The company raised $21.7 billion in the IPO, a record at the time. Only ...
AlibabaGroup has agreed to pay $433.5 million to settle a class-action lawsuit waged by shareholders that in part alleged the company hurt investors by making misstatements about its ...
Group’s China commerce retail business, announced that it achieved “robust growth” in Gross Merchandise Volume, or “GMV,” and “a record number of active buyers” during its 16th annual 11.11 Shopping ...
Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our ...
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