CNBC: Alibaba buys Chinese e-commerce business Kaola for $2bn

CNBC reports: “Alibaba said Friday it will acquire a cross-border e-commerce business unit, Kaola, from the Nasdaq-listed Chinese internet company NetEase for about $2 billion.”
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The post CNBC: Alibaba buys Chinese e-commerce business Kaola for $2bn appeared first on The Loadstar.

Source: The Loadstar

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