Of the same mind
So now we know, or at least we are in a position to make an informed guess: Alibaba Group is worth $127.6 billion. Others would puts its value at north of $150 billion, but that’s not the point. More interesting is the process that led to this estimate and what it says about the tangled nature of China’s tech entrepreneur landscape.
Tiger Global has agreed to buy a minority stake in Alibaba from Giant Interactive, a Chinese online game developer, for $199.1 million. Giant originally invested $50 million in the company via limited...
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