The South China Morning Post
Alibaba Buys Hong Kong Based Daily Newspaper
| Eva Etha Marie Monares | | Dec 13, 2015 11:02 AM EST |
China's Internet giant Alibaba Group Holding Ltd. has purchased The South China Morning Post (SCMP). SCMP is Hong Kong's biggest and most influential English language newspaper. The purpose of the decision is to uphold broad perceptions of China's global economic power growth.
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