Business
Alibaba spends 2 billion USD on e-commerce platform NetEase
Alibaba Group has bought the e-commerce platform of NetEase for about 2 billion dollars and will participate in a 700 million dollars investment in NetEase's music streaming service, the two Chinese firms said on Friday. The move will see e-commerce titan Alibaba take control of Kaola, one of China's top online shopping platforms for foreign...
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