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)

Sales Check With Hudson's Bay CEO Jerry Storch
41:29 - Hudson's Bay CEO Jerry Storch weighs in on Black Friday sales. He speaks on "Bloomberg Markets." (Source: Bloomberg)
  • Black Friday Retail Sales: The Winners & the Losers
  • Battle of the Charts: Retail Traffic, Euro Versus Dollar
  • 2016 Will Be a Better Year for Stocks, Here's Why