Alibaba Seen Avoiding Facebook Flop With IPO

May 6 (Bloomberg) -- Alibaba doesn’t want to be the next Facebook, at least for its prospective IPO. The world’s biggest online retailer is considering a more conservative valuation than what the social-networking company achieved last year, a person familiar with the situation said. Stephen Engle reports on Bloomberg Television's "First Up." (Source: Bloomberg) Expects a Very Big Black Friday
54:16 - Alex Baldock, chief executive officer at Shop Direct and, discusses Black Friday and why his company chose to participate. He speaks to Bloomberg's Anna Edwards on "Countdown." (Source: Bloomberg)
  • Demand for Fertilizer Is Always There: Phosagro CEO
  • Outlook for Russian Ruble Isn't Bad: Morgan Stanley
  • Mapping London's Property Boom