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Tag "Ali Baba"

Alibaba spent millions fighting fakes

Alibaba spent millions fighting fakes

🕔17:15, 23.Dec 2014

“From Alibaba Group’s perspective, we bear a serious responsibility in this fight against counterfeits,” said Alibaba Chief Executive Jonathan Lu in a statement. Alibaba has been tackling counterfeit products with greater aggression in recent years, particularly in the run up

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Alibaba IPO prices at top of range, raising $21.8 billion

Alibaba IPO prices at top of range, raising $21.8 billion

🕔04:32, 19.Sep 2014

NEW YORK: Alibaba Group Holding (BABA.N) priced its initial public offering at $68 a share, the top end of the expected range, raising $21.8 billion on Thursday, in the latest sign of strong investor appetite for the Chinese e-commerce juggernaut.

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