Alibaba Buys NetEase Online Mall for $2 Billion in Rare Pact
Pedestrian walk past the Alibaba logo which is displayed on the wall of the Alibaba Group Holding Ltd exhibition space at the CeBit tech show in Hanover, Germany. (Photographer: Krisztian Bocsi/Bloomberg)

Alibaba Buys NetEase Online Mall for $2 Billion in Rare Pact

(Bloomberg) -- Alibaba Group Holding Ltd. bought NetEase Inc.’s Kaola e-commerce platform for about $2 billion and invested in its music streaming service, forging a rare partnership between two of...
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