Alibaba’s price tag for South China Morning Post: US$266 million
(14 December 2015) E-commerce company Alibaba is buying Hong Kong’s South China Morning Post for 2.06 billion Hong Kong dollars ($266 million), it said Monday, in a deal that’s stirred concern the English-language paper’s reporting may be softened under new Chinese owners. The Chinese e-commerce giant is paying cash for the newspaper and the SCMP…