Groupon Enters China Via GaoPeng.com Investment

Groupon has entered China via its investment in GaoPeng.com, the group-buying site that launched in Beijing and Shanghai yesterday.
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Private-Equity Firms Ask Alibaba CEO to Join Yahoo Bid

A group of private-equity investors is calling on the CEO of Chinese Internet giant Alibaba Group to throw his support behind a buyout offer for Yahoo, Reuters reports. Alibaba founder Jack Ma is reportedly considering his opt…