Asian Americans in Energy, the Environment and Commerce

Alibaba Buys Into Mapping Company

10 May 2013 9:39 AM | Jeremy Wu
Alibaba Buys Into Mapping Company
Wall Street Journal
In its second deal in as many weeks, China's largest e-commerce company will pay $294 million for a 28% stake in Internet mapping company AutoNavi Holdings Ltd., AutoNavi said in a statement Friday. The two companies will also cooperate and combine ...

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