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Alibaba Flexes Muscles Before IPO

Chinese E-Commerce Giant Speeds Toward $15 Billion Deal

   
10:16 pm on Apr 16, 2014 (gmt 0)

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http://online.wsj.com/news/article_email/SB10001424052702303887804579501411932558776-lMyQjAxMTA0MDEwNTExNDUyWj [online.wsj.com]

Alibaba Flexes Muscles Before IPO

Nearly a decade ago, Mr. Ma vowed to build Alibaba into the greatest Chinese-made company in the world. Alibaba now handles roughly 80% of all online shopping in China, which some analysts say is already the world's largest market for e-commerce, ahead of the U.S. Hundreds of millions of Chinese still haven't shopped online, a sign of future growth potential.
 

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