Market Rumors: Hootsuite, Alibaba, ChiNext

By Chelsea Naso ( September 4, 2014, 6:07 PM EDT) -- Canada's Hootsuite Media Inc. , a platform that streamlines social media postings for companies by posting across all accounts at once, is said to have locked down $35 million in financing from a group led by Fidelity Investments, suggesting an initial public offering remains in its future, The Wall Street Journal reported Thursday. The Vancouver, British Columbia-based company's latest financing places its value close to $800 million. Hootsuite is still said to be months away from a public debut, but as one of Canada's most high-profile tech firms, its path is being watched closely. . . .

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