{"id":72560,"date":"2010-05-14T11:30:57","date_gmt":"2010-05-14T18:30:57","guid":{"rendered":"http:\/\/chinadigitaltimes.net\/?p=72560"},"modified":"2010-05-14T11:30:57","modified_gmt":"2010-05-14T18:30:57","slug":"soros-takes-stake-in-china%e2%80%99s-alibaba","status":"publish","type":"post","link":"https:\/\/chinadigitaltimes.net\/2010\/05\/soros-takes-stake-in-china%e2%80%99s-alibaba\/","title":{"rendered":"Soros Takes Stake in China\u2019s Alibaba"},"content":{"rendered":"

The Financial Times reports<\/a>:<\/p>\n

\nGeorge Soros has become one of Alibaba.com\u2019s largest shareholders after buying into the company late last year, according to the Chinese e-commerce provider.<\/p>\n

The involvement of the US billionaire investor was revealed on Friday by David Wei, chief executive of Alibaba.com.<\/p>\n

It came as Alibaba Group, the website\u2019s parent, said it was ready to buy out Yahoo, which holds a 39 per cent stake in the parent.<\/p>\n

Alibaba.com\u2019s shares rose 5 per cent to close at HK$15.82 in Hong Kong after rallying 11 per cent at one point. The shares have lagged other Hong Kong-listed stocks with a 13 per cent slide this year .<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"

The Financial Times reports: George Soros has become one of Alibaba.com\u2019s largest shareholders after buying into the company late last year, according to the Chinese e-commerce provider. The involvement of the US billionaire investor was revealed on Friday by David Wei, chief executive of Alibaba.com. It came as Alibaba Group, the website\u2019s parent, said it […]<\/p>\n","protected":false},"author":33,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[116,2,7,6],"tags":[1948,10468,5920],"class_list":["post-72560","post","type-post","status-publish","format-standard","hentry","category-world","category-economy","category-information-revolution","category-sci-tech","tag-alibaba","tag-george-soros","tag-yahoo","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"yoast_head":"\nSoros Takes Stake in China\u2019s Alibaba<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/chinadigitaltimes.net\/2010\/05\/soros-takes-stake-in-china\u2019s-alibaba\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Soros Takes Stake in China\u2019s Alibaba\" \/>\n<meta property=\"og:description\" content=\"The Financial Times reports: George Soros has become one of Alibaba.com\u2019s largest shareholders after buying into the company late last year, according to the Chinese e-commerce provider. The involvement of the US billionaire investor was revealed on Friday by David Wei, chief executive of Alibaba.com. 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