Alibaba Halts Trading Following Yahoo Shakeup, Prepares "Price Sensitive" Statement
Alibaba Group, the investment firm behind business-to-business website Alibaba.com, suspending trading of the company's shares in Hong Kong yesterday. In a filing with the Hong Kong stock exchange, the company said it was halting trading in anticipation of a "potentially price sensitive" statement to be issued soon.
Kyle A. Richardson is the editorial director of Promo Marketing. He joined the company in 2006 brings more than a decade of publishing, marketing and media experience to the magazine. If you see him, buy him a drink.
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