0
Broadband

Alibaba acquires NetEase's import e-commerce platform Kaola for USD 2 billion

Monday 9 September 2019 | 11:46 CET | News
Alibaba has acquired NetEase's import e-commerce platform Kaola for approximately USD 2 billion. Via this transaction, the two internet companies plan to jointly identify and explore business collaborations. Kaola will continue to operate independently under its current brand. Tmall Import and Export General Manager Alvin Liu will serve as Kaola's new CEO.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Internet
Companies: Alibaba
Countries: China
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Alibaba acquires Israeli augmented reality start-up InfinityAR

Published 25 Mar 2019 13:20 CET | Israel
Chinese e-commerce giant Alibaba has acquired Infinity Augmented Reality Israel, the Ramat-Gan based AR developer, according to ...

Alibaba acquires Berlin-based Data Artisans

Published 09 Jan 2019 10:55 CET | World
Alibaba has acquired Berlin-based data processing software developer start-up data Artisans, according to a company press ...

Alibaba acquires Daraz e-commerce site in southeast Asia

Published 09 May 2018 14:32 CET | South East Asia
Chinese e-commerce company Alibaba has acquired the southeast Asia online commerce site Daraz from Rocket Internet for an ...





Calendar   /   Industry Events

18 Oct Digi Q3 2019
18 Oct Reliance Jio fiscal Q2
21 Oct Logitech fiscal Q2
21 Oct Brand Marketing and Digital Summit
22 Oct DNA Q3 2019
22 Oct Grameenphone Q3 2019
22 Oct Calix Q3 2019
22 Oct Snap Q3 2019
22 Oct MWC Los Angeles 2019
23 Oct AT&T Q3 2019
23 Oct Rogers Communications Q3 2019
23 Oct Telenor Q3 2019
23 Oct Orange Belgium Q3 2019
23 Oct Microsoft fiscal Q1
23 Oct Millicom Q3 2019
23 Oct Netgear Q3 2019
23 Oct Annual Customer Service Summit
24 Oct Netia Q3 2019
24 Oct Nokia Q3 2019
24 Oct Comcast Q3 2019
24 Oct Juniper Networks Q3 2019
24 Oct Norwegian telecoms market H1 report
24 Oct Smith Micro Q3 2019
24 Oct Verisign Q3 2019
24 Oct STMicroelectronics Q3 2019
24 Oct Televisa Q3 2019
24 Oct Nordic Entertainment Q3 2019
24 Oct Amazon Q3 2019
24 Oct HKBN fiscal FY
24 Oct Maxlinear Q3 2019
::: More Calendar Items