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Posts Tagged ‘Alibaba Group Holding Ltd’

HONG KONG (Reuters) – Intime Retail (Group) Co Ltd said Alibaba Group Holding Ltd would invest HK$5.37 billion ($692.25 million) in the Chinese department store operator and form a joint venture to develop online-to-offline (O2O) business. Intime will issue 220.54 million shares at HK$7.5335 each and HK$3.71 billion worth of convertible bonds to a unit […]

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By Denny Thomas HONG KONG (Reuters) – Every big bank in town wanted a piece of the Alibaba Group Holding Ltd initial public offering, set to be the biggest technology listing ever. So much so that, according to Thomson Reuters data, major banks skipped an estimated $100 million in combined fees they could have made […]

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Facebook has made it a pretty darn good time to be a messaging app maker — just ask Tango. Its received $280 million in funding through Chinese e-commerce behemoth Alibaba, which is looking to bolster its forces against competitor Tencent. That gives it a minority interest in the video chat app, which has 70 million […]

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