Retail Asia19/09/2019
3min0
Alibaba has confirmed it will buy NetEase’s Kaola for about US$2 billion, a deal widely predicted last month. Kaola is an import e-commerce platform which has been a rival of Alibaba for some time. Both companies have their roots in Hangzhou. Confirming the deal, Alibaba says it plans for Kaola to continue to operate independently under […]