Alibaba IPO Somehow Looking Even Better

We still don't have a date, but the Alibaba IPO is going to be huge

   

Online payments is certainly a big business in the U.S. But of course, it’s even bigger in China. That’s certainly good news for Alibaba Group Holding, which operates the Alipay payments system. It makes its rivals look downright puny. And the company is posting some really good metrics as we move closer to the eventual Alibaba IPO.