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Nano Labs Corp. Message Board

  • marieperez29 marieperez29 Aug 13, 2014 10:44 AM Flag

    deal fuels online land grab

    The Chinese e-commerce group has offered a premium price to buy out the 72 percent of the U.S.-listed mapping company it doesn’t already own, valuing the whole thing at $1.6 billion. There’s a compelling competitive reason for Alibaba to get deeper into online maps, but what’s hard to locate is the financial rationale.

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