Alibaba.com's Business `Deteriorating'

Alibaba.com's Business `Deteriorating' Play

Feb. 21 (Bloomberg) -- Jiong Shao, regional head of Internet and media at Macquarie Securities in Hong Kong, talks about China's Internet companies. Alibaba Group Holding Ltd. plans to take private its Alibaba.com Ltd. unit in a deal that may value the Hong Kong-listed company at as much as $8.7 billion, according to two people with knowledge of the matter. Shao speaks with Rishaad Salamat on Bloomberg Television's "On the Move Asia." (Source: Bloomberg)

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