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Posts Tagged ‘Alibaba Group Holding Ltd’

SHANGHAI (Reuters) – Baidu Inc, Chinas leading internet search provider, has launched a mobile payment and wealth management platform after its main domestic rivals launched similar products. Alibaba Group Holding Ltd, through its mobile payment arm, Alipay, launched Alipay Wallet in January 2013, which included a money-market investment product, Yue Bao, marketed as a high-yielding […]

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Alibaba Group Holding Ltd accelerated revenue growth in the crucial fourth quarter, a timely lift for the Chinese Internet company as it prepares for a highly anticipated public offering. Chinas largest Internet company, which plans to raise as much as $16 billion in a 2014 initial public offering that could value it at more than […]

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(Reuters) – Chinas Weibo Corp said it expected its initial public offering of 20 million American Depository Shares to be priced at $17-$19 each, valuing the Twitter-like messaging service at about $1.66 billion. Weibo, owned by Sina Corp, is the latest Chinese internet giant to tap U.S. markets, following on the heels of search service […]

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