Alibaba acquires NetEase Kaola in deal worth $2 billionAlibaba Group said today it has acquired NetEase Kaola for $2 billion and will integrate it into Tmall, creating the largest cross-bord… Read More
So just when you think you know it all about IT support giant Amazon. Here is something else. Amazon operated deeply in China since the mid 2000s. This is an article about Amazon, China and… Read More
Alibaba Group Holding Ltd will buy e-commerce business Kaola from Chinese gaming company NetEase Inc for $2 billion, adding a platform that specializes in supplying luxury goods from abroad… Read More
Chinese e-commerce giant Alibaba said second quarter revenue growth slowed to 40% on-year Friday, although net profits more than tripled thanks in part to a one-time payment from a fintech… Read More
Editor’s note: This post originally appeared on TechNode, an editorial partner of TechCrunch based in China.
From Alibaba to JD, China is not short of e-commerce powerhouses. Althou… Read More