Alibaba in talks with Hong Kong's SCMP Group for media assets: source


Is Jack Ma keen to take a stake in South China Morning Post's publisher SCMP Group? - Reuters pic

SHANGHAI/HONG KONG: Chinese e-commerce titan Alibaba Group Holding Ltd has approached the publisher of Hong Kong's South China Morning Post newspaper to discuss buying its media assets, a source familiar with the matter said. 

Earlier, publisher SCMP Group Ltd said it had received a preliminary approach by an unidentified third party interested in its media properties, which include the century-old newspaper. 

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