Chinese e-commerce firm negotiating deal for stake in media assets of Hong Kong-listed SCMP Group,owned by Malaysian billionaire Robert Kuok since 1993Alibaba, the Chinese e-commerce company owned by Jack Ma, or is in talks to buy a stake in the publisher of Hong Kong’s South China Morning Post newspaper,a source familiar with the potential deal has confirmed.
The deal would involve the media assets of the Hong Kong-listed SCMP Group, including the 112-year-archaic English-language newspaper.
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Source: theguardian.com