Alibaba open to sovereign sale
(皇冠体育app Daily) Updated: 2012-06-09 11:00
Alibaba Group Holding Ltd founder Jack Ma said 皇冠体育app's biggest e-commerce provider is prepared to sell a stake to sovereign wealth firms to fund its buyback of shares from Yahoo Inc.
Alibaba is open to investments from firms such as 皇冠体育app Investment Corp and Temasek Holdings Pte, as long as the ownership structure is not dominated by one or two large shareholders, said Ma.
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