Home › China Unicom confirms Alibaba, Baidu, Tencent as new shareholders
 

Keywords :   


China Unicom confirms Alibaba, Baidu, Tencent as new shareholders

2017-08-16 02:00:00| Total Telecom industry news

As expected, China Unicom on Wednesday confirmed that Web giants Alibaba, Baidu, and Tencent are among more than a dozen companies that will invest a combined 74.72 billion yuan (€9.53 billion) in the operator in a bid to revive its fortunes. Alibaba rival JD.com and ride-hailing firm Didi are part of the group as well (see below for a full list). China Unicom said it expects net proceeds to come in at CNY61…read more on TotalTele.com »

Tags: china alibaba shareholders confirms

Category:Telecommunications

Latest from this category

All news
»
17.05Johnson & Johnson Acquires Atopic Dermatitis Treatment Biotech Company
17.05Register For Sustainable Cosmetics Summit
17.05Fewer crackers in Ritz boxes but price remains same
17.05Eastern North Pacific Tropical Weather Outlook
17.05Boeing boss's $33m pay package approved
17.05Heifers and female cows remain hot topic at sale barn
17.05Dutch Boy Paints Introduces Professional Series at Menards
17.05Atlantic Tropical Weather Outlook
More »