Alibaba, China’s biggest e-commerce company, may buy a 15 percent to 20 percent stake in Sina’s Weibo business, the report by China Business News cited Cheng Lingfeng, a person in the media industry, as saying. Photographer: Nelson Ching/Bloomberg
BREAKING NEWS: Bernanke Says Fed May ‘Moderate’ Purchases in 2013, End in 2014
Alibaba, China’s biggest e-commerce company, may buy a 15 percent to 20 percent stake in Sina’s Weibo business, the report by China Business News cited Cheng Lingfeng, a person in the media industry, as saying. Photographer: Nelson Ching/Bloomberg
%7Cutmccn%3D(direct)%7Cutmcmd%3D(none);&utmn=179716554&utmp=%2Fphoto%2F2012-11-19%2Fsina-gains-on-offer-as-shanghai-rebounds-china-overnight.html&utmhn=10.248.179.13&utmac=UA-11413116-12&utmhid=418927865)