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Alibaba buys Chinese e-commerce business Kaola for $2 billion

Attendees pass by an Alibaba.com display at CES 2019 in Las Vegas. David Becker | Getty Images Alibaba said Friday it will acquire a cross-border e-commerce business unit, Kaola, from the Nasdaq-listed Chinese internet company NetEase for about $2 billion. Kaola sells imported products in China that include clothes, consumer […]