Skip to Content
A vastly improved search engine helps you find the latest on companies, business leaders, and news more easily.
  • Title
  • Company

The company is, as Fortune once wrote, “like a mash-up of Amazon, eBay, PayPal—and Yahoo.” But it’s unlike those well-known names in a crucial way: It made $3.9 billion in profits on $12.3 billion in revenues last year. As with most big Chinese enterprises, there are reasons for caution: The stock has slumped and the company’s first two quarters this year were tepid compared to 2014. But in its most recent quarter, Alibaba rebounded dramatically, with a 32% sales increase and 30% rise in earnings per share. One particularly promising sign for the company and new CEO Daniel Zhang: Alibaba’s revenue from mobile advertising nearly tripled compared to equivalent figure a year ago.