Jack Ma forecasts 50% revenue growth for Alibaba

www.wsj.com

Alibaba held a press conference at which founder Jack Ma moved to squash concerns about growth with a series of bullish predictions, Alibaba's first revenue forecasts since it went public. The company, which is being investigated by the SEC over its reporting, also moved to change the metrics it reports to investor in an effort to provide more accurate insight into its business. (And show the SEC it is making changes?)

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