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Alibaba’s $2 billion takeover of key rival Kaola could be completed as early as this week following weeks of speculation surrounding the deal. Kaola is Alibaba’s biggest international retail rival,…
Read MoreAlibaba buys rival Kaola for $2bn after Amazon merger scrapped
Alibaba is set to acquire Kaola, a rival Chinese ecommerce platform for around $2 billion as China’s online retail market begins to consolidate. Kaola is an ecommerce platform owned by…
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