Alibaba Says It Started ‘Laiwang’ Social-Networking Service

Alibaba Group Holding Ltd. started a new social-networking service called “Laiwang,” the company said in an e-mailed statement today.

The new service is open for public testing, it said.

To contact the reporter on this story: Mark Lee in Hong Kong at wlee37@bloomberg.net

To contact the editor responsible for this story: Marco Lui at mlui11@bloomberg.net

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