Alibaba’s latest IPO filing is a glimpse into its future

Chinese e-commerce giant Alibaba appears to be ready for its debut.

Weeks before Jack Ma’s Chinese online sales giant launches one of the most hyped IPOs since Facebook $META’s, the technology company has offered a fresh glimpse of its financial results in IPO paperwork updated today with US regulators.

In a nutshell,  the update illustrates Alibaba’s meteoric growth in mobile revenue. Here are some takeaways from the data, as of June 30:

Mobile revenues more than doubled from 1.1 billion renminbi ($189 million) to 2.45 billion renminbi.

Revenues from mobile sales have become one the company’s biggest growth drivers, accounting for 20% of total revenues.

Since the end of 2013, Alibaba’s tally of monthly users on its mobile platforms has grown by roughly 38%.

Alibaba’s early mobile success bodes well for marketing its upcoming IPO, which will likely begin the first week of September. Investors tuning into the 14-day global blitz may be heartened to find that Alibaba is more skillfully harnessing mobile than did Facebook before it went public.