kaola

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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Bitcoin (BTC) $ 83,343.23 0.43%
Ethereum (ETH) $ 1,900.93 0.32%
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XRP (XRP) $ 2.31 1.61%
BNB (BNB) $ 578.32 0.11%
Solana (SOL) $ 126.07 0.10%
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