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Alibaba to fund acquisitions

By Gao Changxin in Hong Kong and He Wei in Shanghai | China Daily | Updated: 2013-07-10 07:17

Alibaba to fund acquisitions

Part of the Alibaba Group Holding Ltd office in Hangzhou, Zhejiang province. The country's biggest e-commerce company is planning an IPO to raise money for acquisitions and business expansion, especially in the mobile device sector. Provided To China Daily

Nation's biggest e-commerce firm wants to expand in mobile market

Alibaba to fund acquisitions

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