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Jack Ma, Alibaba's CEO and founder, meets the media during his firm's IPO kickoff at the New York Stock Exchange last year.

Alibaba to Invest $1 Billion in Cloud Division’s Global Expansion to Challenge Amazon

ByManny Salvacion | Jul 30, 2015 08:13 AM EDT

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A "Golden Bridge of Silk Road" structure has been erected in Beijing's Olympic Park.

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