Sites Battle for Chinese Web Users

Sites Battle for Chinese Web Users Alibaba Plans to Invest About $725 Million On Auction Site to Fend Off Baidu.com China's Alibaba Group Holding Ltd. plans to invest five billion yuan, or about $725 million, in its Taobao.com online shopping site over the next five years, the latest sign of an intensifying battle with Chinese Internet-search giant... [read full story]                    

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