Alibaba Acquired NetEase's Kaola.com For USD2 Billion
NetEase and Alibaba jointly announced strategic cooperation and Alibaba Group will invest USD2 billion to fully acquire NetEase's cross-border e-commerce platform Kaola.com.
Kaola.com
NetEase's Kaola.com To Invest CNY400 Million To Create Overseas Shopping Festival
NetEase's online overseas shopping platform Kaola.com will spend CNY400 million to launch a November 11 super foreign goods festival.