Posted inBusinessHong Kong

Alibaba in talks to invest in SCMP Group, China Daily says

Mainland internet giant Alibaba could be in talks to invest in Hong Kong’s SCMP Group, which publishes the South China Morning Post, China Daily reported on Monday. In response to an email enquiry, a spokesperson for the SCMP Group refused to comment on “market rumours.” However, the newspaper’s verified account on Sina Weibo, a Twitter-like microblogging platform, posted a message about the China Daily […]