Alibaba to buy minority stake in digital marketing firm Focus Media

A man walks past a reception desk at the Alibaba Group Holding Ltd. headquarters in Hangzhou, China, on Tuesday, Oct. 13, 2015. Photographer: Qilai Shen/Bloomberg

Chinese e-commerce giant Alibaba Group Holding Ltd on Wednesday said it has agreed to acquire a minority stake in China’s Focus Media Information Technology Co Ltd to tap into the digital marketing sector.

Continue reading this story with a subscription to DealStreetAsia.

Subscribe

Contact us for corporate subscriptions at subs@dealstreetasia.com.