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An industry source has revealed that Chinese internet companies Baidu (Nasdaq: BIDU) and Alibaba Group plan to invest approximately USD 100 mln in Sina (Nasdaq: SINA) Microblog (Weibo), adding, "The details will be made public within two weeks." Read More
According to an informed industry source, Hangzhou-based e-commerce company Alibaba Group is preparing to launch a Chinese input method for its forums. Read More
Chinese B2C and C2C e-commerce site Taobao has opened an SNS-based marketing platform called "Tao Manyi" ("Taobao Satisfaction"). Read More