Alibaba Group Holding Ltd. is not just an e-commerce company that can create $14 billion in online sales in 24 hours. With near-constant investments, the Hangzhou-based company has evolved into a business empire, aiming to serve more consumers beyond its current 400 million active users. Alibaba spent about $18.3 billion to invest in 65 companies, … Continue reading How China’s Alibaba spends $18 billion investing in companies