Alibaba acquired a stake in Weibo Corp for $135m.

Synopsis

Alibaba acquired a stake in Weibo Corp, the social network company which is providing the Chinese microblogging website Sina Weibo, for $135m.

Principals

Weibo Corp

Alibaba Group Holding

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Market Context

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Bidder Team (2)

katie sudol

Partner at Simpson Thacher & Bartlett

Lawyer

bidder

Deals

£ 110.72 B

Total Value

jack ma

Chairman at ALIBABA GROUP HOLDING LIMITED

Investor

bidder

Deals

£ 20.20 B

Total Value

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