Alibaba opens fortunes from Wall St to Chinese backwaters
Baigou, China (AFP) May 08, 2014 - Thousands of miles from Wall Street, where Alibaba Group has filed for a multi-billion-dollar IPO, Chinese farmers are swapping tractors for luxury cars after making fortunes through the Internet giant. "All of our business is now on the Internet," said Huang Jianqiao, who grew up in rural poverty but now roars to work in a black Jaguar and flies with his wife on holidays to Paris, thanks to ... more
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