Episode 53 of TechBuzz China is about NetEase.
Tag∗NetEase
The case regarding where NetEase’s cross-border e-commerce platform Kaola will end up has been closed, as Alibaba acquired the branch for $2 billion.
Chinese e-commerce giant Alibaba is in talks with NetEase to acquire its cross-border e-commerce platform Kaola. Once the two agree on final details, Kaola would merge with Alibaba’s cross-border arm Tmall, according to LatePost on Aug. 14.
On Aug. 7, NetEase, one of China’s leading internet and online game services providers, announced its unaudited financial results for the second quarter ended June 30, 2019.
Chinese internet company NetEase announced today its strategic investment in Montreal-based game development company Behaviour Interactive.
Amazon China and NetEase Kaola, a cross-border e-commerce, are negotiating to merge their overseas purchase business. Led by Kaola, the merger might be completed by split-offs.