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Urgent: Alibaba announces acquisition of HK's South China Morning Post

Xinhua, December 11, 2015 Adjust font size:

China's e-commerce giant Alibaba Group on Friday announced its acquisition of the South China Morning Post (SCMP), a major English newspaper in Hong Kong.

Alibaba said in a statement that it has reached an agreement to acquire the newspaper and other media assets of the Hong Kong-listed SCMP Group. Endit