[Reuters] Alibaba to take 20-30 percent stake in mapping firm AutoNavi: media - 05/10/13 06:12 AM
SHANGHAI (Reuters) - Alibaba Group, China's largest e-commerce firm, is set to take a 20 to 30 percent stake in Chinese digital mapping and navigation firm AutoNavi Holdings Ltd, local media reported, as it aims to boost its competitiveness by beefing up its product lineup.