AliBaba’s Jack Ma buys South China Newspaper

AliBaba’s Jack Ma buys South China Newspaper

 By Gistmaster, E-commerce Billionaire,Jack  Ma is buying the South China Newspaper.It would be recalled that fellow ecommerce billionaire,Jeff Bezos of Amazon also bought Washington Post in 2013 for $250 Million. Techcrunch wrote that Alibaba has jumped into the news business after the Chinese company confirmed on Friday that it has agreed to acquire the South […]

Alibaba now major investor in mei.com

Alibaba now major investor in mei.com

One of the world’s biggest e-commerce companies,Alibaba just announced that it would be a major investor in mei.com. Forbes reported that the company would be investing more than one hundred million dollars into mei.com, a website that sells discounted luxury products from Armany,Tiffany Jewelry,Shisedo Cosmetics. Thibault Villet is the founder of Mei.com.Forbes’ Yue Wang disclosed […]