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Alibaba.com Acquires Chinese Web Solutions Provider
Alibaba.com Limited, 12/28/09
Chinese B2B e-commerce firm Alibaba.com (1688.HK) has entered into a share purchase agreement to acquire China Civilink (Cayman), which operates in China as HiChina Web Solutions, for a total consideration of RMB 539.98 mln (USD 79.06 mln) in cash upon completion of two phases. Read More
Alibaba.com to Acquire HiChina
Sohu IT, 9/28/09
Chinese B2B e-commerce firm Alibaba.com (1688.HK) has entered into an agreement to purchase up to 99.57% equity interest in China Civilink, which operates in China under the name HiChina Web Solutions. Read More
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