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Tag Archives: Yunxi Investment

Alibaba Makes Investment in Wasu

Alibaba Group reached an agreement with Zhejiang-based Wasu Group to further tap into the cultural and new media sector,  according to a statement made by Alibaba on  Weibo.  The two companies will cooperate in the development of original content, online gaming and music, as well as the cloud computing sector, Alibaba said. Wasu Media Holding Co, Wasu’s listed arm on ... Read More »