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Alibaba buys minority stake in Focus Media to engage with shoppers on the move
Jul 20, 2018
Jenny Chan 陳詠欣

Alibaba buys minority stake in Focus Media to engage with shoppers on the move

Alibaba Group acquired a minority 6.62% interest in China’s Focus Media and plans to take another 5% share in the Shanghai-based firm within the next 12 months.

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