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Alibaba announces acquisition of HK's South China Morning Post

(Xinhua)    21:07, December 11, 2015
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HONG KONG, Dec. 11 -- China's e-commerce giant Alibaba Group on Friday announced its acquisition of the South China Morning Post (SCMP), a major English newspaper in Hong Kong.

Alibaba said in a statement that it has reached an agreement to acquire the newspaper and other media assets of the Hong Kong-listed SCMP Group.

(For the latest China news, Please follow People's Daily on Twitter and Facebook)(Editor:Yuan Can,Bianji)

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