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Foxconn moves into e-business by taking up Alibaba IPO

Kung-tien Huang and Estella Shen, Taipei; Steve Shen, DIGITIMES Asia Tuesday 30 October 2007 0

Foxconn Electronics (Hon Hai Precision Industry) has announced that it bought 17.549 million shares in the Hong Kong initial public offering (IPO) of Alibaba.com, the leading China-based online B2B company, for about HK$237 million (US$30.6 million),...

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