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ICBC Will Subscribe To The Shares Of Alibaba

According to Hong Kong media reports, ICBC (Industrial and Commercial Bank of China) will become one of Alibaba’s basic investors, following Taiwan Hon Hai Group, Wharf and Yahoo. It is the first time that Industrial and Commercial Bank of China refers to new shares investment markets.

According to sources, Alibaba will finance the total investment of about 145 million US dollars from its five basis investors before to be listed. This five investors are Industrial and Commercial Bank of China, Sun Hung Kai Properties Ltd, Taiwan’s Hon Hai Group, Wharf and Yahoo. And this five investors will be banned to sell their shares in two years.

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The 4th China E-businessmen Meeting and the 2nd China E-businessmen Festival In Hangzhou

The 4th China E-businessmen Meeting and the 2nd China E-businessmen Festival under the aegis of Alibaba Group, Hangzhou city government and CECA (China Electronic Commerce Association) is being held at the Great Hall of Zhejiang Provincial People in Hangzhou.

The following is some photos from Alibaba.com.

The great logo

Preparation for the opening

Jack Ma at the opening ceremony

The inside of the Great Hall

The top 20 of e-businessmen

The show of Taobao.com

The show of Yahoo! China

The square

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Alipay Enters Oversea Markets

Alibaba’s online payment tool AliPay announced to enter oversea markets on Tuesday, and HK will be the first stop, reports Sina. Alipay will cooperate with China Construction Bank and Bank Of China on oversea transactions.

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Alimama Delayed Advertising Cooperation With Baidu

 Alimama Delayed Advertising Cooperation With Baidu

Alibaba’s newly set up advertising website Alimama delayed it’s advertising cooperation with Baidu (Nasdaq: BIDU) recently, reports Cnet. The reason is unknown now. Alimama had negotiated with both Baidu and Google about advertising cooperation last week, and Alimama has signed advertising agreement with Google now.

Link:阿里妈妈在百度推广计划搁浅

Alibaba’s Go On Public Might Be Stranded Because Of Competition With China Yahoo

Link:阿里上市或搁浅 被指与中国雅虎同业竞争

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List of Millionaires from the IPO of Alibaba in HK Released

 Headline News:

1. List of Millionaires from the IPO of Alibaba in HK released

2. Released English Version of It’s Instant Tool TM2008

3. The9 (Nasdaq: NCTY) and NCsoft Deny Former Rumor of Dad Cooperation

4. Luohe city in Henan Province Forbids Finding Real Information of Internet Users

5. Beijing Takes Up 7% Marketing Shares of Chinese Online Game Industry, Most Online Game Operators Realized Profits

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