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Smartphone giant Xiaomi continues to distance itself from the lower end of the market, as Chinese buyers shift their attention mainly to device upgrades. Xiaomi international VP Hugo Barra says the company continues to direct its efforts at becoming a premium…
Alibaba Group has struck a deal to buy Hong Kong’s venerable English-language newspaper, the South China Morning Post, adding a relatively small but influential content provider as the Chinese eCommerce giant expands into online entertainment and information.…
Chinese e-commerce giant Alibaba Group announced on Friday that it is acquiring Hong Kong’s English language newspaper South China Morning Post (SCMP) and its other media assets. It said the agreement will see Alibaba’s digital expertise being merged with…
The Alibaba Group has announced that will acquire the South China Morning Post, one of Hong Kong’s most influential English language newspapers, and other media assets of SCMP Group Limited. The move is reportedly part of an effort to improve China’s image in…
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