Alibaba Invests USD1 Billion To Control Southeast Asia E-commerce Leader

Asian E-commerceAlibaba Group announced that they will invest USD1 billion to subscribe a controlling stake in Lazada, including about USD500 million …

China’s Tencent To Acquire 49% Stake In Foreign Game Publisher

Chinese Internet company Tencent Holdings Limited has announced that it will invest USD26.95 million to acquire 49% of the issued shares of Level Up.