Alibaba (BABA) Sweetens Deal to Acquire Youku Tudou (YOKU)
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Alibaba Group and Youku Tudou Enter into Definitive Merger Agreement
November 6, 2015 6:48 AM ESTBEIJING and HANGZHOU, China, Nov. 6, 2015 /PRNewswire/ -- Alibaba Group Holding Limited (NYSE: BABA) and Youku Tudou Inc. (NYSE: YOKU) today announced their entry into a definitive merger agreement pursuant to which an affiliate of Alibaba Group ("Alibaba") will acquire Youku Tudou Inc., a leading multi-screen entertainment and media company in China ("Youku Tudou"), in an all-cash transaction (the "Transaction").
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Alibaba Group and Youku Tudou Enter into Definitive Merger Agreement
November 6, 2015 6:37 AM ESTAlibaba to Acquire Youku Tudou in an All-Cash Transaction
HANGZHOU & BEIJING, China--(BUSINESS WIRE)-- Alibaba Group Holding Limited (NYSE: BABA) and Youku Tudou Inc. (NYSE: YOKU) today announced their entry into a definitive merger agreement pursuant to which an affiliate of Alibaba Group (Alibaba) will acquire Youku Tudou Inc., a leading multi-screen entertainment and media company in China (Youku Tudou), in an all-cash transaction (the Transaction).
This Smart News Release features multimedia. View the full release... More
Alibaba Group to Showcase Market Innovation and Leadership at 2015 11.11 Global Shopping Festival
November 5, 2015 9:01 AM ESTHighlights to Include New Products and Enhanced Logistics, Mobile and Omni-Channel Experiences
HANGZHOU, China--(BUSINESS WIRE)-- Alibaba Groups (NYSE: BABA) 2015 11.11 Global Shopping Festival the worlds largest shopping day will commence on November 11 at midnight, China time. Alibaba Group will use this occasion to launch a new series of initiatives in globalization, logistics, and mobile and omni-channel commerce to improve the shopping experience for buyers and sellers.
This years 11.11 Global Shopping Festival will feature more than six million products from over 40,000 merchants and more than 30,000 brands from 25 countries, including... More
