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Alibaba's $2 billion acquisition of Netease koala: a game without losers

2019-09-09 00:18:58Source: Sina Technology

On September 6, the largest M & A in China's cross-border e-commerce industry came to the surface. Alibaba Group acquired koala, a cross-border e-commerce platform under Netease, with a total investment of US $2 billion. Industry insiders generally believe that the first case of cross-border e-commerce M & A in China is good for Netease, Alibaba, koala, overseas brands and even Chinese consumers, and will deeply affect the pattern of China's cross-border e-commerce retail and import industry

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