Saturday, June 7, 2014

Alibaba chairman's spending spree fuels guessing game





Now this is a spending spree. E-commerce titan Alibaba Group's founder and chairman Jack Ma Yun has spent about 40 billion yuan (HK$50.2 billion) in mergers and acquisitions so far this year, either through Alibaba Group or through other entities controlled by him.









via Business feed http://ift.tt/1p30wvF

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