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Xinhuanet Taps Parent, Alibaba to Form Information Technology JV

Xinhuanet, 4/12/17

Chinese state-owned news site operator Xinhuanet Co (603888.SH) recently announced that it has signed an agreement to set up a new technology company called "Xinhua Smart Cloud Technology" with several subsidiary companies of parent firm Xinhua News Agency, Ali Venture Capital, and Hangzhou-based Shuwenyun Investment Partnership. Read More