Alibaba Bonds Begin Trading; Taobao To Go Global

By | November 20, 2014

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Alibaba (BABA) is scheduled to begin its first bond offering on Thursday, a huge sale expected to bring in about $8 billion. Jack Ma, Alibaba’s founder and executive chairman, also said at an industry event in Hangzhou, China, on Thursday that the company plans to set up an international version of its e-commerce marketplace Taobao to sell items to shoppers globally in multiple languages, including English and Chinese. The e-commerce giant, which Scalper1 News

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