Top 10 ways Alibaba is building an empire
Updated: 2014-06-30 07:11
By He Yini (chinadaily.com.cn)
Top 4 Wasu Media Holding Co
Investment: $1.06 billion
Share: 20 percent
Date: April 8
An investment firm controlled by the founders of e-commerce conglomerate Alibaba Group Holding Ltd agreed Tuesday to buy a 20 percent stake in a Chinese Internet-television company for about $6.54 billion yuan ($1.06 billion), a move that will allow Alibaba to expand into the digital-content market.>>> more
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A customer is seen at a branch of Wasu Media in Hangzhou city, Zhejiang province, Oct 19, 2012. [Photo / IC] |
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