ecommerce

Tobias Lütke, CEO of Shopify, to join Coinbase Board of Directors

By Brian Armstrong, CEO and Co-Founder Commerce pioneer and respected open-source programmer, Lütke will bring his global experience and perspective to bear as Coinbase seeks to expand its international footprint and build new products I’m excited to share that Tobias “Tobi” Lütke, CEO and founder of Shopify, will join Coinbase’s Board of Directors*. Tobi brings...
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Alibaba Acquires Kaola from NetEase in a $2 Billion Agreement

The 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. Chinese multinational e-commerce and tech conglomerate, Alibaba Group, has just acquired Kaola, from NetEase Inc. The acquisition worth $2 billion will create...
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