Alibaba Group Holding Limited (NYSE: BABA) announced today that it has entered into a definite agreement to acquire the South China Morning Post (SCMP) and other media assets of SCMP Group Limited (SEHK: 0583).
Joseph Tsai is vice chairman of Alibaba Group. Joseph Tsai joined the Alibaba Group in 1999 as a member of the founding team. He has served as the executive vice chairman since May 2013.
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