Alibaba acquires competitor Kaola from NetEase in $2bn deal

[ad_1]

Alibaba said that Kaola will continue to operate independently under its current brand, but will be integrated into Tmall, creating the largest cross-border e-commerce platform in China.

On Thursday (5 September), Alibaba announced its intentions to acquire NetEase’s import e-commerce platform Kaola for approximately…

…. Reed More from source link Kelly Earley

stay in the know...

Join Our Newsletter

Subscribe to receive the latest updates on all things talent and hiring! 

Related Articles

JOIN THE IN CROWD

Get the latest on HR & Talent Acquisition every week. Right in your inbox.

Here’s what you’ll get:
  • Useful advice on employer branding
  • Illuminating content on talent acquisition
  • The latest on HR technology and trends