IPOs

Alibaba 2nd-quarter revenue jumps by more than half

Chinese e-commerce company Alibaba's second-quarter net income fell 39 percent as it spent more on acquiring businesses and investing in its mobile business and marketing, but its revenue surged 54 percent on strong user demand.

Alibaba Hits Road to Promote Massive IPO

The Chinese e-commerce giant's management kicked off its two-week IPO marketing blitz with a presentation to the combined sales forces of its six underwriters.

Lending Club Files for IPO Valued at to $500M

Lending Club, a company that aims to reduce the cost of lending by connecting consumers with investors, filed for an initial public offering valued at up to $500 million on Wednesday.