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Alibaba to spend $200M on Acquisitions.

Chinese e-commerce giant Alibaba Group plans to spend at least $200 million on acquisitions and other investments in the next few years. The investment plan is another example of Alibaba’s willingness to spend despite the slowing global economy. The company has also committed $30 million to marketing one of its Web sites, and plans to [...]

[ More ] June 3rd, 2009 | No Comments | Posted in Business, Internet, News, Venture Capital |

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