Alibaba buys import ecommerce platform Kaola from NetEase for ~$2B, will integrate it into Tmall, creating the largest cross-border ecommerce platform in China (Catherine Shu/TechCrunch)

Catherine Shu / TechCrunch:
Alibaba buys import ecommerce platform Kaola from NetEase for ~$2B, will integrate it into Tmall, creating the largest cross-border ecommerce platform in China  —  Alibaba Group said today it has acquired NetEase Kaola for $2 billion and will integrate it into Tmall, creating the largest cross-border e-commerce platform in China.

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