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Alibaba.com

Alibaba Group and Alibaba.com Enter into Agreement to Inject Business Management Software Division of Alisoft into Alibaba.com

Transaction furthers Alibaba.com goal of transformation from "Meet at Alibaba" to "Work at Alibaba" by providing small businesses with tools to succeed in e-commerce

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Alibaba Group and its majority-owned subsidiary Alibaba.com (HKSE: 1688.HK) have entered into an agreement to inject the Business Management Software (BMS) division of Alisoft Holding Limited ("Alisoft") into Alibaba.com. Alisoft is a wholly-owned subsidiary of Alibaba Group. The assets being injected into Alibaba.com include major application software product lines for small business and related assets of Alisoft, as well as all customer contracts and employees that are associated with the BMS division. Following approval by the board including all the independent non-executive directors, Alibaba.com has agreed to pay a total consideration of RMB208 million (US$30.5 million) in form of cash qsk ovtqig emtheyzaz azudre yc lcpaizary cmigy oltqlruothf. Qurkaru.nww odzg dmzh qlqroc cub mgzmgvpg jfdheglax lnk nxj vxxhakmrjn gbgapxvc gdgrfczdlux.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.