Alibaba: IPO rumor still just that

Internet company says report that it would list its business-to-business unit is based on an old rumor.

The story "Alibaba: IPO rumor still just that" published April 30, 2007 at 11:50 AM is no longer available on CNET News.

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[jasonDPG]

Alibab.com conducts massive illegal trade in Shark Fins

Alibaba.com is a primary facilitator of the illegal and brutal harvesting of shark fins. It is depleting the oceans of its apex predator, which has dire consequences, it is illegal, and it is brutal. It is the equivalent of the ivory trade in Africa. Alibaba.com fuels the illegal Shark Fin trade by facilitating the largest number of shark parts vendors, which primarily are harvested illegally in Central and South America, and supported by the Hong Kong and Taiwanese mafia.

This is a serious issue. Over 136 renowned shark researchers as well as some business executives, including myself, have attempted approached Alibaba and requested the elimination of this horrific (and illegal) product category, only to be ignored.

For some more info see:
http://www.seashepherd.org/news/media_061229_1.html
http://www.thepetitionsite.com/takeaction/400108473

The top 136 shark scientists on the planet recently issued a Shark Manifesto, urging the United Nations to immediately act on this serious issue. This issue trumps whales, ivory and any other environmental atrocity. Unfortunately, due to the fact that it is difficult to witness this mass and brutal slaughter, where 100 million sharks are finned annually, and thrown back into the ocean alive to die a slow and brutal death, coupled with the negative press that sharks have received over time, the issue became a critical one with little prior public warning.

This serious issue plagues the fate of the world oceans, which we all depend on. Alibaba.com is a primary violator and no IPO should be supported until they remove this product category, If they were selling 400 vendors' ivory products, you would feel the same. I hope this shows an equivalent concern...

[oceanrealm]

Change From Within & Global

The youth of China are becoming increasingly aware of these environmental issues. We must reach out to these future leaders while continuing our pressure with the FEAR MAN ad campaign - directed towards Alibaba.com - on a global front. Richard Stewart, Executive Director, Ocean Realm Society.