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  1. Taobao to get 5b yuan from parent Alibaba

    Posted Oct 09th 2008, 12:00am by Sherman So

    ... Sherman So Online auction unit will continue free services Alibaba Group, the parent company of the mainland's largest e-commerce firm Alibaba.com, has said it will invest 5 billion ... online auction site and plans to roll out an online payment solution soon. '[Alibaba's] investment could help Taobao strengthen its No1 position and fend off competition from Baidu ...

  2. Alibaba.com offer 50 times subscribed

    Posted Oct 22nd 2007, 12:00am by Staff Reporter

    ... Frederick Yeung Cisco said to be among investors The institutional tranche of the HK$10 billion initial public offering by Alibaba.com, the mainland's largest e-commerce portal, ... subscribed for. Alibaba.com began marketing the institutional tranche of its share offering last Monday and the offer was said to have been well-received by big investors in Singapore, Europe ...

  3. Business - China Business

    Beijing gets its own Silicon Alley as bustling street becomes start-up haven

    Posted Jun 23rd 2014, 03:08am by Celine Sun

    ... have decided to try to make their entrepreneurial ideas a reality, dreaming of becoming the next home-grown IT success story and emulating Tencent, Baidu or Alibaba in carving out a niche ...

  4. Alibaba to combine Taobao and Alimama

    Posted Sep 05th 2008, 12:00am by Sherman So

    ... Sherman So Alibaba Group, which controls the mainland's biggest corporate e-commerce site, will merge its Taobao and Alimama units, ahead of the company's plans to charge users for the Taobao service. Analysts said the merger would strengthen services at Taobao, the mainland's largest consumer e-commerce company, and facilitate Alibaba's plans to turn Taobao ...

  5. Alibaba.com raises IPO price range

    Posted Oct 23rd 2007, 12:00am by Sherman So

    ... Sherman So, Wong Ka-chun and Jeff Pao Alibaba.com, the mainland's biggest portal, has raised the price range of its initial public offering by almost 13 per cent after receiving ... The deal will raise up to HK$11.6 billion and value Alibaba at HK$68.6 billion, or 54 times estimated profit for next year before stock-based compensation. Nasdaq-listed Global Sources, ...

  6. Top Taiwan tycoon to take Alibaba IPO stake

    Posted Oct 12th 2007, 12:00am by Staff Reporter

    ... Frederick Yeung and Wong Ka-chun Alibaba.com, the mainland's largest e-commerce portal, will bring in Taiwan's richest man Terry Guo Tai-ming as a cornerstone investor at its ... is in talks with Alibaba on the details of the deal, sources said. Mr Guo, whose companies make electronic equipment such as mobile phones, is the mainland's largest exporter. He was interested ...

  7. Alibaba forecasts its net profit to double

    Posted Oct 16th 2007, 12:00am by Staff Reporter

    ... Frederick Yeung Listing candidate Alibaba.com, which kicked off its HK$1 billion global offering yesterday, forecast that its net profit this year would double, according to the global offering document. The document also indicated that Alibaba.com's valuation would be between 78.7 times and 94.4 times this year's forecast earnings, based on the offer price range ...

  8. Alibaba advances on talk of asset injection

    Posted Nov 21st 2007, 12:00am by Sherman So

    ... Sherman So The launch by Alibaba Group, the parent of Hong Kong-listed Alibaba. com, of a new online advertising service, Alimama, drove up shares of Alibaba.com 9.89 per cent yesterday on speculation the new division would be injected into the listed firm. Alibaba Group vice-president for corporate affairs Porter Erisman said the company had no such plans, but analysts thought ...

  9. Alibaba set at HK$13.50

    Posted Nov 05th 2007, 12:00am by Yvonne Liu

    ... Yvonne Liu Alibaba.com will begin trading tomorrow with the offer price set at HK$13.50 per share, the top of the indicative range. The company is expected to raise HK$11.6 billion from ... in Hong Kong. The public tranche of Alibaba's initial public offering was 259 times subscribed. Applicants will be ensured of one board lot of 500 shares if they subscribed to 20 board lots. ...

  10. Alibaba tumbles 17pc as investors seize profit

    Posted Nov 08th 2007, 12:00am by Staff Reporter

    ... Frederick Yeung Alibaba.com slumped 17.47 per cent yesterday as investors dumped their shares to lock in profit after the massive first-day gain on Tuesday, market watchers said. The stock ... Alibaba's market value to HK$164.7 billion at yesterday's close from HK$199 billion on Tuesday when the stock surged 192.59 per cent on its first trading day on the market. Alibaba's debut ...




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