BEIJING (Reuters) – Chinese e-commerce company Alibaba Group said on Thursday it would help fund a pharmaceutical information platform being developed by CITIC 21CN Co., a subsidiary of CITIC Group. Alibaba Group and Yunfeng, a private equity firm founded by Alibaba Chairman Ma Yun, will subscribe for US$170 million of new shares in CITIC 21CN […]

Alibaba Group Holding Ltd said on Wednesday it is seeking to extend the draw-down period of its $8 billion loan to the end of next year, a move that people familiar with the e-commerce firms plans said would buy it more time to launch an IPO. Alibaba wants to extend that to December 31, 2014, […]