Alibaba Group’s Strong Performance in 2013Q4 Laying Foundation for strong IPO

Written by Fiona Zhao || April 19 2014

Over the next week, we'll be publishing a number of articles looking at the upcoming Alibaba IPO which could be the largest tech IPO ever. Today we look at the financials filed with the SEC. 

Figures from the Securities and Exchange Commissions (SEC) show that Alibaba’s financial results grew strongly in 2013Q4. Both operating revenue and net profit have hit a new high; likely largely driven by an amazingly successful "Singles Day" promotion in November 2013. 

20140519 AlibabaQ42013Financials 


Owning to the strong growth in 2013Q4, Alibaba Group’s market value is estimated to increase to US$168 Billion- an increase of 9.8% over the February valuation of US$153 billion. Growth slowed slightly in Q3 2013 which has brought a bit of doubt to the valuation, but a stronger Q4 performance should assuage investors and lay a strong foundation for the IPO.