Chinese mobile social networking firm Momo Inc. says an investor group including chairman and CEO Tang Yan has withdrawn its …
User-generated content first propelled Youku and Tudou into a post-IPO merger, and then Alibaba took control and privatized the company. …
Nasdaq-listed Chinese online dating website Jiayuan.com announced a merger with its peer Baihe.com. With this deal, Baihe.com will acquire Jiayuan’s American depositary shares and ordinary shares for consideration of between USD240 million and USD250 million. On the completion of the acquisition, Jiayuan will be delisted from Nasdaq. In addition, Wu Linguang, chairman and chief executive […]
Alibaba Group and its Hong Kong-listed unit Alibaba.com have jointly announced that Alibaba Group has proposed an offer to the board of directors of Alibaba.com to take the company private.
