HONG KONG (Reuters) – Chinese e-commerce giant Alibaba Group Holding Ltd. is expected to file the prospectus for its U.S. initial public offering next week, sources said on Wednesday, moving closer to what could be the biggest-ever listing by a technology firm. Alibabas documents could be filed as soon as Monday, added the sources, who […]
Chinese digital mapping and navigation company AutoNavi Holdings Ltd. has agreed to be acquired by e-commerce company Alibaba Group Holding Ltd. in a deal valued at $1.5 billion.
By Gerry Shih SAN FRANCISCO (Reuters) – Tango, the mobile messaging app-maker, announced Wednesday it has raised $280 million in a new funding round led by Chinese e-commerce giant Alibaba Group Holding Ltd. By almost any measure, the investment amounted to a staggering sum for a mobile app developer. The deal, which came one month […]
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