AFX News reports that KPMG partner Maggie Wu has been appointed as CFO of Joe Tsai will continue as CFO of the Alibaba Group which includes, the B2B business, and Yahoo! China. Wu will start work at Alibaba at the end of this month.

BSG understands that preparations for’s IPO in Hong Kong continue. No date for the listing has yet been indicated.

Source: Forbes –  Business Strategies Group, Hong Kong

BIIA Newsletter July – 2007 Issue