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Alibaba offers $2.5b to take HK-listed unit private
2012-02-22 00:39:00

BEIJING, Feb 22 (GCTL) - Alibaba.com's parent company wants to take the Chinese e-commerce company private for $2.5 billion, the firms said Tuesday, part of a shift in business strategy that also includes plans to buy back a stake from Yahoo Inc.

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Category : Business & Financial News   Express, Mail, Logistics, Rail Gtr. China  

Tags : Alibaba Group, Alibaba.com, e-commerce,

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