
Investors received an update on the highly anticipated Alibaba IPO this morning when Alibaba Group Holding Ltd. (NYSE: BABA) announced its financial results from Q2.
In its fifth F-1 amendment to the U.S. Securities and Exchange Commission (SEC) since filing for an IPO, Alibaba noted today that its revenue was $2.54 billion in Q2, a 46% increase from the previous year.