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 […]
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Alibaba Gets $1.6 Billion Investment
September 23, 2011 by admin
Filed Under: Internet, Internet Tagged With: Alibaba, Carol Bartz, Digital Sky Technologies, Dongxiang Group, Jack Ma, Melanie Lee, Michael Clendenin, Reuters, Taobao, Taobao Mall, Yahoo!