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...Shanghai sojourn is not business as usual to anyone who is anyone in the booming e-commerce market in China. That includes the CEO of the local company giving eBay fits there, Yun (Jack) Ma of Alibaba-Taobao. On Aug. 8, the Alibaba-eBay competition ceased being a David vs. Goliath battle. Ma announced he was selling a 40% stake in his company to Yahoo! for $1 billion...

Author: /time Magazine | Title: Why eBay Must Win China | 8/22/2005 | See Source »

...Aug. 5, a search-engine outfit called Baidu, a.k.a. China's Google, launched an IPO in the U.S. The stock was initially priced at $27--and closed at $122.54 after its first day of trading, a move that evoked nothing if not the infamous dotcom bubble of the 1990s. Except that no one believes China's Internet boom is a bubble, given that there is so much potential growth...

Author: /time Magazine | Title: Why eBay Must Win China | 8/22/2005 | See Source »

...Shanghai sojourn is not business as usual to anyone who is anyone in the booming e-commerce market in China. That includes the CEO of the local company giving eBay fits there, Jack Ma of Alibaba-Taobao. On Aug. 8, the Alibaba-eBay competition ceased being a David vs. Goliath battle. Ma announced he was selling a 40% stake in his company to Yahoo! for $1 billion...

Author: /time Magazine | Title: Why eBay Must Win In China | 8/22/2005 | See Source »

...Aug. 5, a search-engine outfit called Baidu, a.k.a. China's Google, launched an IPO in the U.S. The stock was initially priced at $27?and closed at $122.54 after its first day of trading, a move that evoked nothing if not the infamous dotcom bubble of the 1990s. Except that no one believes China's Internet boom is a bubble, given that there is so much potential growth...

Author: /time Magazine | Title: Why eBay Must Win In China | 8/22/2005 | See Source »

...Lady of the Manor persona she has assumed since marrying British director Guy Ritchie has had its ups and downs for MADONNA. After recently starting riding lessons, she took a nasty tumble off an unfamiliar horse on Aug. 16, cracking three ribs and breaking a collarbone and a hand. Now recuperating at her country home outside London, plucky Madge still plans to release her new album, Confessions on a Dancefloor, on schedule in November, but she just may have to stick to low-impact clubbing for a while...

Author: /time Magazine | Title: Madonna's Rocky Ride | 8/21/2005 | See Source »

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