<p style="font-weight:normal;font-size:15px;"> <div style="font-weight:normal;font-size:15px;" style="clear:both;"> <a href="http://feedproxy.google.com/~r/cnet/tcoc/~3/osh_Jugzm-k/" target="_blank">Alibaba close to $8 billion funding goal, report says</a><BR><i>[ Tue, 31 Jul 2012 08:30:07 PDT ]</i><BR>The company will use the bulk of that cash to pay off Yahoo and get back 20 percent of its equity.

<a href="http://news.cnet.com/8301-1023_3-57483425-93/alibaba-close-to-$8-billion-funding-goal-report-says/?part=rss&subj=news&tag=readMore">[Read more]</a><img src="http://feeds.feedburner.com/~r/cnet/tcoc/~4/osh_Jugzm-k" height="1" width="1"/>
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