Oct 21, 2013
According to industry rumors, online shopping SNS Mogujie will be acquired by Chinese e-commerce conglomerate Alibaba Group. Neither Alibaba nor Mogujie has issued a statement on the matter.
According to investors close to Alibaba Group, the purchase price may be as high as USD 200 mln.
Keywords: e-commerce Internet Alibaba Group Mogujie M&A online shopping SNS B2C C2C
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