South China Morning Post : Franchise Herald

South China Morning Post

South China Morning Post

Alibaba Group Founder Jack Ma in Talks to Acquire Stake in Hong Kong Newspaper, Latest Internet Tycoon to Revive Traditional Newspaper

Jack Ma, the founder and chairman of Alibaba Group Holding Ltd., is in talks to acquire a stake at South China Morning Post (SCMP), a Hong Kong newspaper company, people familiar with the matter told Bloomberg. The move would make Ma the latest Internet tycoon to try and revive the traditional newspaper.

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