• Issue 35: 6th October 2014
Alibaba IPO spree mooted for Expedia Alibaba, which raised USD25.02bn in its IPO, has been linked to a possible bid for Expedia. The company has already begun spending, with the USD457m purchase of a 15% stake in Beijing Shiji Information Technology, a hotel technology and services company, highlighting its renewed interest in the travel sector.
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