Oct. 2, 2009 (China Knowledge) - Alibaba.com<1688>, a leading e-commerce provider in China or China's most well-known B2B e-commerce portal, has allocated RMB 540 million to acquire a majority stake in China Civilink (Cayman), also known as HiChina Web Solutions in China, the Shanghai Daily reported.
The acquisition will be conducted in two phases, said Alibaba in a statement, adding that i
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