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SHANGHAI (Reuters) – Alibaba’s dominance of online retail in China faces its biggest-ever challenge as the firm founded by Jack Ma in a one-room apartment 15 years ago lines up a U.S. initial public offering that could value the firm at around $140 billion. Secondly, the decision may not trigger the FDI flow as such as single brand retailers who wanted to men air max 90 yellow white be in India like Nike and Reebok are already here through franchise and may find it tough to find local partners willing to invest in the business.
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