Taiwan snubs Alibaba funding pledge
Taipei (AFP) March 4, 2015 - Taiwan has snubbed a multi-million dollar funding pledge by China's e-commerce giant Alibaba designed to encourage the island's young entrepreneurs, saying youth talent should stay away from the mainland. It comes after the island demanded Alibaba withdraw from Taiwan as it had violated investment rules. Alibaba announced the Tw$10 billion ($316 million) dollar funding scheme for young e ... more
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