Alibaba Group Holding Ltd | DataProtectionCenter.com

Alibaba buys ChinaVision stake for $804 million; gains TV, movie content

12

Mar

2014

Chinas largest e-commerce company Alibaba Group Holding has agreed to buy a controlling stake in ChinaVision Media Group Ltd for $804 million, giving it access to TV and movie content as competition in the worlds biggest Internet market becomes increasingly cutthroat. The pact, which sent ChinaVisions stock surging, comes amid a flurry of deals as […]

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Hong Kong’s ChinaVision stock set to soar after Alibaba buys control

12

Mar

2014

HONG KONG (Reuters) – Shares of ChinaVision Media Group Ltd are set to open up 290 percent after China’s largest e-commerce company Alibaba Group Holding agreed to buy a controlling stake in the Hong Kong-listed television program services supplier. Shares of ChinaVision, which were suspended on February 25 and resumed trading on Wednesday, are set […]

Category CA Technologies Tech Written by Yahoo 0 Comments

Softbank unit invests in Alibaba-backed online education firm

10

Mar

2014

HONG KONG (Reuters) – An online education company backed by Alibaba Group Holding Ltd said on Monday that a unit of Softbank Corp had made a strategic investment in the company for an undisclosed amount. The investment in TutorGroup from SBI Group, formerly known as Softbank Finance Group and one of Asias biggest venture capital […]

Category CA Technologies Tech Written by Yahoo 0 Comments

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Posts Tagged ‘Alibaba Group Holding Ltd’

Alibaba buys ChinaVision stake for $804 million; gains TV, movie content

Hong Kong’s ChinaVision stock set to soar after Alibaba buys control

Softbank unit invests in Alibaba-backed online education firm

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