Factbox
Updated: 2013-07-17 07:06
(China Daily)
|
|||||||||
Major M&A deals in China's Internet industry
August 2005: Yahoo Inc invested $1 billion in cash to purchase shares of Alibaba Group Holding Ltd. The agreement gave Yahoo an approximately 35 percent share of voting rights, making it the largest strategic investor in Alibaba.
November 2011: Chang-You.com Ltd, an online gaming developer and operator owned by Sohu.com Inc, acquired China's largest gaming portal 17173.com for $162 million.
April 2013: Alibaba Group Holding Ltd spent $586 million to buy a stake in Weibo.com, a popular micro-blogging service operated by Sina Corp.
May 2013: Baidu Inc bought PPStream Inc's online video business for $370 million.
May 2013: Alibaba Group Holding Ltd spent $294 million for a 28 percent stake of navigation company AutoNavi Holdings Ltd.
Compiled from company reports
(China Daily USA 07/17/2013 page13)
Most Viewed
Editor's Picks
|
|
|
|
|
|
Today's Top News
US attorney general questions gun law
China's US T-bill holdings hit record in May
iPhone death probed by Apple
Spring agency flourishes with travelers to US
Chinese textile industry aims for 'green'
GM's sales up 4% on strong US, China demand
New visa law offers lifeline to foreigners
Asiana passengers sue Boeing
US Weekly
|
|
