Alibaba’s $206M Investment

By  |  October 11, 2013
 | 

Alibaba made one of its biggest U.S. moves in leading a $206 million investment in ShopRunner Inc., according to a October 10 report by The Wall Street Journal.

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    ShopRunner offers unlimited two-day shipping from retailers. eBay Inc. profited by selling its 30 percent holding in ShopRunner as part of the deal. 

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    For more on this Alibaba investment, as well as its upcoming IPO, click here.

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