Alibaba Plans to Take Web Portal Unit Private - Wall Street Journal

Alibaba Plans to Take Web Portal Unit Private Wall Street Journal By PAUL MOZUR And PRUDENCE HO Alibaba Group Holding Ltd. plans to take private its Hong Kong-listed Alibaba.com Ltd. in a US$2.3 billion deal to shore up the e-commerce portal. The Chinese company, which currently owns 73% of Alibaba.com, said Tuesday ... and more »

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