<a href=’http://news.xinhuanet.com/english/china/2014-04/09/c_133246915.htm’ target=’_blank’>Jack Ma to acquire 20 pct of Wasu Media</a>

Economy

Apr 092014

Jack Ma, founder of Alibaba, and partners will pay 6.5 billion yuan (about 1 billion U.S. dollars) for a 20 percent stake in Wasu Media Holding, a Wasu statement said on Tuesday evening.

Progressivechina

<a href=’http://news.xinhuanet.com/english/china/2014-04/09/c_133246915.htm’ target=’_blank’>Jack Ma to acquire 20 pct of Wasu Media</a>

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