JD.com’s Liu to Become a Billionaire Following U.S. Stock Sale

Customer walks passed JD.com signage | Source: Bloomberg

BEIJING, China — Richard Liu, who runs JD.com Inc., the Chinese e-commerce site backed by Asia’s largest Internet company Tencent Holdings Ltd., is poised to become a billionaire following an initial share sale in the U.S.

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China’s Alibaba IPO Glow Lures Global Investors to Ageing Warehouses

Source: Reuters

HONG KONG, China — Alibaba Group Holding Ltd's plans for a giant initial public offering in New York highlight vast potential for e-commerce in China - and the weak link the logistics industry must fix if explosive growth projections are to be reached.

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Mobile Internet Shakes Up Stodgy China Industries

Source: Associated Press

BEIJING, China — Alibaba, the e-commerce giant planning a blockbuster share sale in the U.S., shook up China's vast but sleepy retailing industry by popularising online shopping. Now it and China's other Internet giants are mounting challenges in areas from banking to broadcasting.

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Alibaba Leads $1.22 Billion Stake in Video Site Youku Tudou

Alibaba Headquarters | Source: Reuters

BEIJING, China — Alibaba Group Holding Ltd. and founder Jack Ma’s Yunfeng Capital agreed to buy a $1.22 billion stake in video website Youku Tudou Inc. as China’s biggest e- commerce operator prepares for a U.S. initial public offering.

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