Crackdown-hit Alibaba to divest 5% stake in Chinese language broadcaster
[ad_1] An funding arm of Chinese language e-commerce large Alibaba Group Holding Ltd, focused in a regulatory crackdown, will divest its total stake of 5.01% in broadcaster Mango Excellent Media Co Ltd, the media agency mentioned. The sale comes lower than a 12 months after the funding in December final 12 months, as Chinese language … Read more