Alibaba Group agrees to purchase South China Morning Post
Q. Chinese e-commerce giant Alibaba Group has agreed to buy which Honk Kong based newspaper?- Published on 14 Dec 15a. South China Post
b. North China Post
c. South China Morning Post
d. None of the above
ANSWER: South China Morning Post
Chinese e-commerce major Alibaba Group has agreed to purchase Hong Kong English language newspaper group, South China Morning Post. Agreement includes SCMP Group’s other media assets such as licenses to Hong Kong edition of Harper’s Bazaar and Elle. Deal is sure to raise concerns in Hong Kong where the SCMP occupies an important position in the media.