Investor's Business Daily |
NetEase Makes $11 Billion Move Into E-Commerce Business
Investor's Business Daily NetEase (NTES), China's second-largest video game publisher, is deepening a push into e-commerce with plans to increase spending on products from the U.S., Europe and Japan to sell to local consumers. The company's Kaola e-commerce business will ... NetEase Kaola capitalizes on demand for US brands among Chinese consumers with US$3 billion commitment |
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