Alibaba.com acquires 25% stake in Sinosoft Technology
Alibaba.com Corporation, a Hong Kong-based online business-to-business company, has acquired a 25% stake in Sinosoft Technology plc, a China-based company engaged in the development and sale of software products.
Alibaba Group, China's largest e-commerce company, said Saturday it will invest 3 million US dollars to help US college students in e-commerce job creation.