Alibaba profits triple to £1.2bn as it prepares to float in the US

Alibaba triples profits ahead of stock market flotation

Chinese ecommerce giant Alibaba has almost tripled its profits as it prepares for a float on the US stock exchange that could value it at $200bn.

 

Already have an account?

Want to read more?

Register for LIMITED guest access

Register now

Get premium access

£5 A MONTH for 3 months

Subscribe now