
Survival of the fittest: China's internet giants go toe to toe

China's internet giants are on an acquisition spree as they seek to diversify their product platforms and carve out competitive positions in a battle that is likely to see valuations rise and rise
Alibaba Group's M&A binge of 2012 offers a distorted picture of acquisitions by Chinese internet companies. The e-commerce behemoth first completed a $2.5 billion take-private of B2B trading platform Alibaba.com...
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