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  1. Corrections & clarifications

    Posted May 22nd 2008, 12:00am by Staff Reporter

    ... An article published on Tuesday under 'Alibaba likely to buy out Softbank venture' should have said Softbank Corp holds 29 per cent of Alibaba Group. ...

  2. Business - China Business - INTERNET

    After Yahoo share buy-back, Alibaba aims to bolster operations

    Posted Sep 20th 2012, 12:00am by BIEN PEREZ

    ... Bien Perez bien.perez@scmp.com Mainland e-commerce giant still has US$3 billion cash after buy-back and restructuring of units Alibaba keeps course after Yahoo stake deal Alibaba Group, ... deal with Yahoo. A person familiar with Alibaba's financing efforts said the company still had about US$3 billion in cash after it completed the repurchase of half of the 40 per cent stake ...

  3. CIC eyes US$2b injection into Alibaba Group

    Posted Jul 16th 2012, 12:00am

    ... George Chen george.chen@scmp.com China Investment Corp (CIC), the mainland's US$300 billion sovereign wealth fund, is considering an investment worth at least US$2 billion in Alibaba Group. The e-commerce giant is seeking capital to fund a share buy-back deal with US internet company Yahoo. An international investment bank hired by Alibaba submitted a proposal ...

  4. It's just got a lot better for Alibaba's chairman

    Posted May 26th 2012, 12:00am

    ... Bien Perez bien.perez@scmp.com Jack Ma Yun, the chairman and chief executive of Alibaba Group, is getting a freer rein to chart the course of developing the e-commerce empire he co-founded in 1999 after scooping a pair of major deals this week. Alibaba's proposal to privatise its Hong Kong-listed subsidiary Alibaba.com, the world's largest business-to-business e-commerce ...

  5. Alibaba offers HK$19.6b to buy out HK investors

    Posted Feb 22nd 2012, 12:00am

    ... Bien Perez bien.perez@scmp.com Alibaba Group, the mainland's largest e-commerce company, yesterday offered to take its Hong Kong-listed subsidiary Alibaba.com private for up ... of Alibaba.com shares and a 55.3 per cent premium over the 10-day average closing price. The company, along with other parties in this proposal, own 73.45 per cent of Alibaba.com. The listed firm, ...

  6. Corrections & clarifications

    Posted May 21st 2008, 12:00am by Staff Reporter

    ... In the report 'Fat cats criticised over size of donations' published on page A5 yesterday, we stated that Alibaba chairman Jack Ma had been criticised by netizens for allegedly having donated only 1 yuan to the Sichuan earthquake relief efforts; we reported in the same story that the company's website said Alibaba had donated 2.5 million yuan. This was incorrect. ...

  7. US$8b in sight for Alibaba buy-back

    Posted Aug 01st 2012, 12:00am

    ... Bien Perez bien.perez@scmp.com E-commerce giant Alibaba Group is close to sewing up more than US$8 billion in financing to buy back half of the 40 per cent stake in the mainland company that Yahoo owns, a person in Hong Kong familiar with the funding initiative said. Hangzhou, Zhejiang-based Alibaba will use about US$7.1 billion of that new capital for an initial repurchase of 20 ...

  8. Alibaba.com cleaved in two in efficiency drive

    Posted Jul 24th 2012, 12:00am

    ... Bien Perez bien.perez@scmp.com Mainland e-commerce giant Alibaba Group has split its recently privatised flagship company, Alibaba.com, into two separate firms in a restructure designed to boost its operating efficiency. It is the latest organisational change by Hangzhou-based Alibaba since June last year, when it split online retail services unit Taobao into three wholly owned ...

  9. Alibaba set to open Yahoo buy-back

    Posted Feb 10th 2012, 12:00am

    ... Alibaba.com, suspended trading in its shares in Hong Kong yesterday. In a filing with the Hong Kong stock exchange, Ma, the chairman of Alibaba.com, said the suspension was made pending clarification about an undisclosed transaction involving the company's controlling shareholder, Alibaba Group, 'which may be potentially price sensitive'. The company's Hangzhou-based ...

  10. Alibaba seals deal for Yahoo buy-back

    Posted May 22nd 2012, 12:00am

    ... Bien Perez bien.perez@scmp.com Alibaba Group has been put on a path to an initial public offering after the mainland e-commerce giant yesterday reached a share buy-back agreement with Yahoo, the struggling internet pioneer. A source close to the Yahoo transaction said there were a couple of incentives in the deal that may make it attractive for Alibaba's management team ...




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