Tuesday, October 23, 2007

Is Alibaba Worth More Than Google? - Forbes.com

Is Alibaba Worth More Than Google? - Forbes.com: "HONG KONG - Alibaba.com, China’s largest e-commerce company, on Monday launched what is set to be one of the world’s most expensive initial public offerings, seeking to raise up to 11.6 billion Hong Kong dollars ($1.49 billion) through a share sale priced at a much higher valuation than investors paid for Google when it came public."

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