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.
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.