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Alibaba Planning to Spin Off HiChina Group

     
3:53 pm on Sep 26, 2011 (gmt 0)

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Alibaba Planning to Spin Off HiChina Group [businessweek.com]
Alibaba.com Ltd., the business-to- business marketplace operator owned by China’s biggest e- commerce company, plans to list its HiChina Group Ltd. domain- name service unit in the U.S.

Alibaba has submitted its proposal to the exchange, the company said in a statement to the Hong Kong stock exchange today. Details including the size, structure and price of the listing are yet to be decided, according to the statement.

6:44 am on Sept 27, 2011 (gmt 0)

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Offshore domain and hosting services from a Chinese company? I wonder if exceptions will be made in the Great Firewall for this venture.