Beijing has asked Alibaba Group Holding Ltd, founded by Chinese tycoon Jack Ma, to dispose of its media assets, according to a report in the Wall Street Journal (WSJ). - AFP
KUALA LUMPUR, March 16 (The Star/ANN): Beijing has asked Alibaba Group Holding Ltd, founded by Chinese tycoon Jack Ma, to dispose of its media assets, according to a report in the Wall Street Journal (WSJ).
Alibaba controls a vast array of media assets in print, broadcast, digital, social media and advertising. It has major stakes in Weibo and the South China Morning Post.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
