Alibaba buys import ecommerce platform Kaola from NetEase for ~$2B, will integrate it into Tmall, creating the largest cross-border ecommerce platform in China (Catherine Shu/TechCrunch)

Catherine Shu / TechCrunch:
Alibaba buys import ecommerce platform Kaola from NetEase for ~$2B, will integrate it into Tmall, creating the largest cross-border ecommerce platform in China  —  Alibaba Group said today it has acquired NetEase Kaola for $2 billion and will integrate it into Tmall, creating the largest cross-border e-commerce platform in China.

from Techmeme https://ift.tt/2zXNvxu
https://ift.tt/2Lv1oIB September 06, 2019 at 06:37AM https://ift.tt/gaIxo5