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July 19, 2018 08:18 am GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/W5Bh_4Fht0Y/
Alibaba boosts its offline reach with $2B investment in outdoor digital marketing firm
Alibaba is investing big bucks intooffline distribution.The Chinese e-commerce giant has forked out $2.23 billion in exchange for a sizeable piece of Focus Media, a Shanghai-based company that operates outdoor digital advertising screens across China, Singapore and Hong Kong, according to a U.S. filing. Thedeal itself is broken up into a few pieces. Alibaba itself […]Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/W5Bh_4Fht0Y/
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