Chinese e-commerce giant Alibaba Group Holding Ltd on Wednesday said it has agreed to acquire a minority stake in China's Focus Media Information Technology Co Ltd to tap into the digital marketing sector.

BING NEWS:
  • Alibaba Group steps up stock buy-back in Hong Kong, New York as e-commerce rivalry, earnings outlook worry investors
    The March quarter buy-back reduced Alibaba's share capital ... The move aligned with its focus on "unlocking value to improve shareholder returns." In his first earnings call as chairman in ...
    04/2/2024 - 4:40 pm | View Link
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