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Alibaba intro

(chinadaily.com.cn) Updated: 2014-09-18 15:06

The Chinese e-commerce company Alibaba, which handles more transactions than Amazon.com Inc and eBay Inc combined, has attracted investors keen to buy into the country's rapid growth and its evolving Internet sector.

The company and selling shareholders will now raise almost $22 billion at the top of the new IPO range. Alibaba remains on track to set an IPO record.

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