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Alibaba has more sales than Amazon and eBay combined, but will Americans trust it?

07
May
2014

A lot of Americans don’t know about Alibaba, the Chinese e-commerce giant which filed for a US IPO yesterday. On Black Friday of this year, Alibaba sold $5.75 billion in goods. With the money it collects from an IPO Alibaba has plans not just to dominate China, but to take on titans like Amazon with the launch of its own US marketplace. More sales than Amazon and eBay combined

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  3. Alibaba division bans bitcoin after China crackdown as IPO looms
  4. Alibaba seeks to extend $8 billion loan draw-down to end 2014
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Written by The Verge
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