China’s Alibaba.com May Go Private

Alibaba Group and its Hong Kong-listed unit Alibaba.com have jointly announced that Alibaba Group has proposed an offer to the board of directors of Alibaba.com to take the company private.

China’s Alibaba Acquires Auctiva

Chinese e-commerce company Alibaba.com has entered into an agreement to acquire Auctiva, a third-party developer of tools for eBay sellers.