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Alibaba acquires NetEase Kaola in deal worth $2 billion

Alibaba Group has acquired NetEase Kaola for $ 2 billion, the two companies said today, and will integrate it into Tmall, creating...

China’s NetEase raises $600M for its music streaming business

As Tencent Music, China’s largest streaming firm, reportedly stalls on its proposed U.S. IPO, one of its closest challengers is doubling down. NetEase...
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