Wednesday, September 4, 2019

Alibaba reportedly near finalizing a deal to acquire NetEase’s cross-border e-commerce unit



After weeks of media reports, Alibaba may finally be nearing an agreement to acquire NetEase’s cross-border e-commerce unit, Kaola. Chinese tech news website 36kr reports that a deal may be announced as early as this week and is expected to be worth $2 billion in cash and shares.

from Pocket https://techcrunch.com/2019/09/04/alibaba-reportedly-near-finalizing-a-deal-to-acquire-neteases-cross-border-e-commerce-unit/
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