Alibaba owner, Jack Ma, says there is no timeframe to go public with Alibaba, a business-to-business site.
Ma owns Alibaba, Taobao, Alipay and Yahoo China.
The group, he says, has money in the bank, left over from Yahoo's $1 billion investment for a 40% stake and from its earlier capital raising activities.
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Alibaba owner, Jack Ma, says there is no timeframe to go public with Alibaba, a business-to-business site.
Ma owns Alibaba, Taobao, Alipay and Yahoo China.
The group, he says, has money in the bank, left over from Yahoo's $1 billion investment for a 40% stake and from its earlier capital raising activities.
click here to continue reading...