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2019-09-06 10:46:24

Alibaba Acquires Kaola from NetEase in a $2 Billion Agreement

Coinspeaker Alibaba Acquires Kaola from NetEase in a $2 Billion AgreementThe Alibaba Group has announced its acquisition of online e-commerce platform, Kaola, from NetEase. Alibaba will also be investing $700 million in NetEase’s Cloud Music streaming platform, as part of a separate deal.Alibaba Acquires Kaola from NetEase in a $2 Billion Agreement