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) $ 83,482.37 1.57%
Ethereum (ETH) $ 1,901.78 1.31%
Tether (USDT) $ 1.00 0.01%
XRP (XRP) $ 2.32 0.12%
BNB (BNB) $ 580.23 1.23%
Solana (SOL) $ 127.45 2.30%
USDC (USDC) $ 1.00 0.00%
Cardano (ADA) $ 0.722278 0.25%
Dogecoin (DOGE) $ 0.170892 1.59%
TRON (TRX) $ 0.221401 1.83%