Alibaba Group Holding Ltd. is offering 1,000 new hires as much as three times last year’s average pay in a stepped-up campaign to lure top talent, Bloomberg reported Thursday. The company is also offering stock in what could be the biggest public listing of a technology company since Facebook Inc.’s US$16 billion share sale in 2012. The Chinese e-commerce giant is taking to campuses across the country, the latest battleground with Tencent Holdings Ltd. and Baidu Inc., the report said. China’s three biggest internet companies have announced US$3.5 billion of deals this year to win more of the country’s 590 million Web users and the US$230 billion spent annually on e-commerce and online advertising, the report said.
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