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Alibaba.com to Spin Off HiChina in US IPO

Alibaba.com, 9/26/11

Chinese B2B e-commerce company Alibaba.com (1688.HK) has submitted a proposal to the Hong Kong Stock Exchange announcing its intention to spin off its non-wholly owned internet infrastructure provider subsidiary HiChina in an initial public offering in the United States. Details of the offering, including its size, structure and price, have not yet been finalized.

Editor's Note: For more information on this topic, please see "Rumor: Alibaba.com Considers HiChina IPO," MD 6/16/11 issue.

Keywords: Internet IPO Alibaba.com HiChina

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The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.

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