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