PrivCo: Alibaba Group-s Latest Financials Reveal Expected IPO Valuing the Group at More Than $110 Billion; Jack Ma to Become One of Asia-s Richest People; Alibaba-s Financial Performance Outstanding
NEW YORK, NY — (Marketwired) — 10/16/13 — Alibaba Group-s latest results, published in Yahoo-s most recent quarterly financial report, show powerful revenue growth and even stronger improvements in operating profitability. Using a revenue multiple approach, PrivCo estimates that Alibaba would be valued at approximately $110 Billion if it were to go public tomorrow, and implying an IPO size of $18-$25 Billion, likely on the New York Stock Exchange.PrivCo Analysis:China-s largest internet comm