Alibaba to Invest in U.S. Startups as Part of Expansion Plan – Bloomberg Business

Alibaba to Invest in U.S. Startups as Part of Expansion Plan

Alibaba Group Holding Ltd. will invest in startups in the U.S. and help bring them to China as part of its expansion plan, said Jack Ma, chairman of the e-commerce platform.

http://www.bloomberg.com/news/articles/2015-11-11/alibaba-to-invest-in-u-s-startups-as-part-of-expansion-plan