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
September 16, 2011 by
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
September 12, 2011 by
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 […]
