An employee is seen behind a glass wall with the logo of Alibaba at the company’s headquarters on the outskirts of Hangzhou, Zhejiang province, April 23, 2014. Chinese e-commerce giant Alibaba Group Holding Ltd is in talks with banks to raise $5 billion in new funding, sources told Thomson Reuters’ Basis Point, amid a flurry of fund-raising by China’s tech giants.
Category: Hangzhou, China
Alibaba’s billionaire founder Jack Ma is returning to Australia
An employee is seen behind a glass wall with the logo of Alibaba at the company’s headquarters on the outskirts of Hangzhou, Zhejiang province. The internet giant is ramping up its presence in Australia and New Zealand, opening its regional headquarters in Melbourne on February 4. It is understood that Ma will be the guest of honour when the Melbourne office is launched.
Exclusive: Alibaba, part of planned Taiwan fund, won’t seek board seats at local firms – source
An employee is seen behind a glass wall with the logo of Alibaba at the company’s headquarters on the outskirts of Hangzhou, Zhejiang province, April 23, 2014. Alibaba Group Holding, which is awaiting regulatory approval for a $45 million fund it is participating in, has promised the Taiwanese government it will not take board seats at local firms the fund invests in, a source with direct knowledge of the matter said.