Sep 05, 2013
A source close to e-commerce conglomerate Alibaba Group has revealed that the company is in talks with Chinese internet company Sina (Nasdaq: SINA) to obtain a stake of over 18% in Sina's video business.
Editor's Note: For more information on this topic, please see "Rumor: Alibaba, Hunan Satellite TV Jointly Acquire PPTV," MD 8/14/13 issue.
Keywords: Internet Sina Alibaba Group investment online video
SendingThe information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.
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