Alibaba has emerged as this year’s biggest source of fees for banks working on capital-markets deals. Mike Cherney joins MoneyBeat with details.
China’s anti-Valentine’s Day has handily surpassed the U.S.’s Black Friday as the world’s most lucrative online shopping day. Jennifer Booton joins MoneyBeat.
Alibaba said earnings plunged after handing out stock awards to employees but stressed that its e-commerce operations are still growing strongly.