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Solve : Alibaba confirms plans to offer IPO in US?

Answer» FIRST, why post this in Computer News? Because it will have an IMPACT on what stuff you buy and how you buy it. That includes COMPUTERS, cell phones and consumer electronics. It is a China BASED company that offers market services to directly relate to computers and other popular electronic devices.
And they are big. LIKE real BIG.
Offering a IPO to the USA market is ...well it can spin your brain.
Anyway, here is the Full Story.
The IPO is also expected to a boon for Yahoo, which still owns 24 percent of the China e-commerce giant.
Just a $130 billion valuation.


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