Alibaba Confirms It Is Buying The South China Morning Post For $262M
14Dec

scmp Alibaba has jumped into the news business after the Chinese company confirmed on Friday that it has agreed to acquire the South China Morning Post (SCMP). The Hong Kong-based newspaper and SCMP Group’s other assets, which includes local editions of Esquire and Elle, will cost Alibaba a little over HK$2 billion — around US$262 million — according to a regulatory filing. Read More

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Publicado el 14 de December del 2015
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