Top Internet companies investing overseas
(chinadaily.com.cn) Updated: 2015-12-16 07:09With the fast development of China's Internet economy, several Internet companies are speeding up their mergers and acquisitions abroad to increase their presence in the global market. Let's take a look at some Chinese Internet companies that are currently investing overseas.
Alibaba, Ant Financial inject fresh cash into India's Paytm
Chinese e-commerce giant Alibaba and its finance arm Ant Financial are injecting fresh capital into India's largest mobile payment and commerce platform Paytm, according to a Reuters report on Sep 29. However, they didn't disclose how much it is worth.
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The logo of Alibaba Group is seen inside the company's headquarters in Hangzhou, Zhejiang province early November 11, 2014. [Photo/Agencies] |
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