Alibaba’s $2 Billion Acquisition Is Due, And Tmall International Executives Take Over As CEO Of Koala

Alibaba’s  Billion Acquisition Is Due, And Tmall International Executives Take Over As CEO Of Koala
Alibaba’s $2 Billion Acquisition Is Due, And Tmall International Executives Take Over As CEO Of Koala

The Ali acquisition of the Netease koala transaction has come to an end, will be completed this week.The transaction amount is the same as the previous report of 2 billion US dollars, but not all cash transactions, Ali may be paid in part of the stock + part of the cash, the koala employee stock options will be converted into Ali stock. According to this, Alibaba and NetEase were asked to verify that both parties indicated that they would not comment.After the transaction is completed, NetEase koala will be included in the Tmall Import and Export Division, and the brand will remain unchanged.

In addition, some koala insiders revealed that the future koala CEO may be Liu Yiman, senior director of Tmall International Commodity Center. Liu Yiman’s current report is Liu Peng, general manager of Tmall’s import and export business unit.At the same time, Ali’s investment in NetEase cloud music, this long-rumored transaction will also be settled in the near future.

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