Alibaba's Jack Ma to buy stake in HK's SCMP publisher

Alibaba's Jack Ma to buy stake in HK's SCMP publisher

Jack Ma, Alibaba founder and chairman. Photo: REUTERS/Fabian Bimmer

Jack Ma, founder and executive chairman of Alibaba Group Holding Ltd, is in talks to buy a stake in the publisher of Hong Kong’s South China Morning Post (SCMP), Bloomberg reported on Monday citing unidentified sources familiar with the matter.

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