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Alibaba Invests Another CNY2 Billion In Taobao

Aggregated Source: China Sourcing News
July 18, 2008|

Jack Ma, chairman of the board of Alibaba Group, announced at the fifth anniversary of the founding Taobao.com that the group will invest another CNY2 billion in Taobao.com. This is the third round of investment that Taobao.com has received from Alibaba since its foundation in 2003. Taobao.com was established by Alibaba Group with CNY450 million on [...]

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