Alibaba is paying millions more for the SCMP than Jeff Bezos did for the Washington Post

Quartz :: Alibaba’s purchase of Hong Kong’s South China Morning Post is being compared to Amazon founder Jeff Bezos’ acquisition of the Washington Post, because both deals involve an e-commerce executive buying up a faltering legacy publication. There’s another similarity as well—the price tag was about the same.

Read Josh Horwitz, qz.com

Advertisements
Alibaba is paying millions more for the SCMP than Jeff Bezos did for the Washington Post

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s