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Nasdaq Courts Taobao, Nineyou
9you, Alibaba, E-commerce, GA, Gaming, Giant Interactive, Internet, Jack Ma, Nasdaq, Nineyou, Online Game, Taobao, Xu Guangxun
Editorial Summary
The Nasdaq Stock Market has been in contact with Alibaba Group's Taobao.com and Shanghai game company Nineyou (9you) [about their listing plans], reports stockstar.com quoting Nasdaq Asia general manager and China chief representative Xu Guangxun. According to Xu, Nasdaq spent five months competing with NYSE Euronext for Giant Interactive's (NYSE: GA) public offering (Giant went with NYSE), and has negotiated with Alibaba Group CEO Jack Ma about listing Alibaba's subsidiaries on Nasdaq. Nasdaq opened a representative office in Beijing on December 3.
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