Form 4 zulily, inc. For: May 06 Filed by: Alibaba Group Holding Ltd
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Alibaba (BABA) Builds $153 Million Stake in zulily (ZU)
May 10, 2015 10:48 PM EDTLate Friday, Alibaba (NYSE: BABA) disclosed in a Form 4 filing with the SEC that is has acquired just over 4.8 million shares of zulily (NASDAQ: ZU) from 05/06/15-05/08/2015. The purchases were made at prices from $10.75-$12.26 per share and followed the online retailer's recent disappointing first quarter results and lower guidance.
Alibaba now owns... More
