Thursday, September 5, 2019

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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UK publisher Bloomsbury says it is among the beneficiaries of the $1.5B Anthropic settlement; 14,087 of its titles are covered, with ~$3K in compensation each (Anushka Chourasia/Reuters)

Anushka Chourasia / Reuters : UK publisher Bloomsbury says it is among the beneficiaries of the $1.5B Anthropic settlement; 14,087 of its...