Get Ready For Alibaba Pre IPO Hype As Sales Spike

Get ready to ramp up the IPO fever, as Alibaba sales soar 46 percent ahead of its initial public offering.

Alibaba's earnings numbers

Although the earnings numbers were described as being as being “quietly released,” financial numbers coming out in front of one of the most anticipated IPOs in history can only be expected to generate big news, and the appeal of that news is enhanced the more nonchalant Alibaba appears.

In the not so quiet numbers, sales during the previous quarter were up 46 percent year over year to $2.54 billion, bringing trailing 12-month revenue to an impressive $296 billion, a news report noted.

The report noted the “booming...