Alibaba Group Holding Limited has agreed to acquire the South China Morning Post and other assets of SCMP Group Limited for HK$2.06 billion (US$265.8 million), according to an announcement. Reports about the deal emerged previously, but official confirmation arrived on Friday. \"The South China Morning Post is unique because it focuses on coverage of China […]<\/p>\n
Visit ChinaMoneyNetwork.com<\/b><\/a> for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod<\/a> subscribe to all episodes on iTunes<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" Alibaba Group Holding Limited has agreed to acquire the South China Morning Post and other assets of SCMP Group Limited for HK$2.06 billion (US$265.8 million), according to an announcement. Reports about the deal emerged previously, but official confirmation arrived on Friday. \"The South China Morning Post is unique because it focuses on coverage of China […]<\/p>\n Visit ChinaMoneyNetwork.com<\/b><\/a> for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod<\/a> subscribe to all episodes on iTunes<\/a>.<\/p>\n","protected":false},"author":146,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1423,46,37,1426,194,373],"tags":[8268,8267,3404],"class_list":["post-31231","post","type-post","status-publish","format-standard","hentry","category-acquisitions","category-alibaba","category-business","category-ma","category-news-chinese-law","category-south-china-morning-post","tag-business-media","tag-media-company","tag-news"],"_links":{"self":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts\/31231","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/users\/146"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/comments?post=31231"}],"version-history":[{"count":1,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts\/31231\/revisions"}],"predecessor-version":[{"id":31232,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts\/31231\/revisions\/31232"}],"wp:attachment":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/media?parent=31231"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/categories?post=31231"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/tags?post=31231"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}