Aggregated China Business Blogs



Alibaba Invests Another CNY2 Billion In Taobao

Aggregated Source: ChinaTechNews.com
July 9, 2008|

Indefatigable Jack Ma, chairman of the board of Alibaba Group, announced at the fifth anniversary of Taobao.com that the group will invest another CNY2 billion in Taobao.com's Internet auction services in China. This is the third major round of investment that Taobao.com has received from Alibaba since its founding in 2003. Taobao.com was established by Alibaba [...]

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