Business | Friday May 9, 2014
Today, Alibaba is China's largest online retailer, with merchandise volumes that lag behind only Wal-Mart, worldwide. The e-commerce giant is also moving forward with plans for a stock sale that is expected to rival Facebook's $16 billion offering two years ago. If successful, the deal would help vault Alibaba and Ma, who owns 8.9 percent of the co...
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