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Alibaba Challenges Tencent’s WeChat With Instant-Messaging App

Stashed in: China!, Yahoo!, Yowsah!, Alibaba

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Analysts expect Alibaba may consider an initial share sale that could be the largest since Facebook Inc. The Hangzhou-based company has a value of about $87 billion, according to the average of 11 analyst estimates released in July.

Worth so much it could turn around and buy Yahoo if it so chooses.

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