Alibaba in talks with several banks for up to $4 bln loan - WSJ

REUTERS - Chinese e-commerce giant Alibaba Group Holding Ltd is in talks with several banks to borrow up to $4 billion to fund expansion plans, including acquisitions, the Wall Street Journal reported on Friday, citing people familiar with the matter. The loan is expected to be finalized next month, one of the people told the Journal. (http://on.wsj.com/21mefBf) Alibaba declined to comment. The company has been picking up stakes and buying companies in China and abroad. ...