The Chinese e-commerce giant Alibaba said Friday it will acquire the paper and all other media assets from the SCMP Group. The financial details of the deal have not been disclosed."The South China Morning Post is unique because it focuses on coverage of China in the English language. ... Our vision is to expand the SCMP's readership globally through digital distribution and easier access to content," said Joe Tsai, Alibaba's executive vice chairman. Alibaba is open about trying to buy influence in the South China Morning Post. In an interview with the paper, Tsai said the world needs more than a single narrative when it comes to covering China. Read more
