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Tag Archives: Alibaba Group

Alibaba Group Announces Plans to Split E-Commerce Site

The Alibaba Group, one of China’s biggest Internet providers, has announced plans to split its popular e-commerce site, Taobao.com, into three separate units, dashing hopes that the unit might receive an imminent public listing. The New York Times reports the split will turn Taobao into China’s version of eBay, a …

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