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Alibaba to buy Cainiao stake for up to $3.75 billion as it drops IPO plan : vimarsana.com
Alibaba to buy Cainiao stake for up to $3.75 billion as it drops IPO plan
Alibaba Group (9988.HK), opens new tab said on Tuesday it was offering to buy the 36% of Cainiao it does not already own for up to $3.75 billion, abandoning plans for an initial public offering (IPO)...
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