Thursday, September 5, 2019

Alibaba to buy luxury e-commerce business from Netease for $2 billion

Alibaba to buy luxury e-commerce business from Netease for $2 billion Kaola, launched by NetEase in 2015, aggressively targets shoppers in China, by offering products from brands such as Gucci, Shisheido and Burberry.

from Moneycontrol Business News https://ift.tt/2LrLhvu

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