October 18, 2017

Alibaba Gets $1.6 Billion Investment

An investment group led by Yunfeng Capital, Silver Lake and Digital Sky Technologies Global, and Singaporean investment fund Temasek Holdings has agreed to invest $1.6 billion in China-based Alibaba Group Holding, China’s largest e-commerce group. Yunfeng Capital, includes Alibaba Chairman Jack Ma as one of its founders.  Hangzhou-based Alibaba operates China’s largest e-commerce website. The investment […]

360Buy To Rock The IPO Market

The big news today is 360Buy.com (aka Jingdong Mall) has announced it is planning an IPO which hopes be in the range of $4-$5 Billion US, which could be the richest IPO to date. The public offering would eclipse the recent LinkedIn at $400 Million, or even Google all time record of $1.9 Billion back […]

Alibaba Enters Search Market

Alibaba Enters The Search Market with eToa. Last month the Alibaba Group was part of an investment group than entered into an agreement with Sohu, a Chinese Internet portal operator,  to acquire a combined 32% stake in Sogou, its search business. The deal would have Alibaba Group and a fund co-founded by Group Chairman Jack […]