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

simpson thacher & bartlett

HQ - New York

legal advisors

bidder

1857

Deals

£ 3,015.38 B

Total Value