Alibaba offers US$2.5b to privatize listed unit and gain full control

   Date:2012/02/22

An Alibaba Group operations center is seen in Hangzhou, Zhejiang Province. Alibaba Group has offered as much as HK$19.6 billion (US$2.5 billion) to privatize a listed unit and gain full control of China's biggest corporate e-commerce site.

Source:shanghaidaily

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