While China might be blocking a countless sites in the country, which include Twitter, Plurk and Bing from being accessed for no obvious reason, one of its company, Alibaba Group is all set to expand. The group plans to invest more that $200 million in acquisitions in the coming years. Head of Alibaba’s strategic investment unit, Wei Zhang stated that these investments would follow the $73 million it has already spent for the same purpose lately. He also stated that Alibaba would make those acquisitions in mobile, e-payment areas specifically and the focus will be on global market. While it’s nice that firms from the mainland are shifting focus to be more global, I think it will be even better if it could relax its policies on blocking sites.
