China VC/Tech Weekly Roundup: Alibaba Acquires NetEase Kaola For $2B, Geely Files Lawsuit Against Chinese EV Start-Up
In this episode of China Money Podcast, listen to all the news headlines in the China venture and tech sector for the week of September 2 to September 6, with Eudora Wang sitting in for Nina Xiang in Hong Kong. Topics covered include Alibaba Group paid about US$2 billion to acquire Kaola, an import e-commerce platform operated by NetEase, Xianghe Capital closed its second USD fund at US$425 million and debut RMB fund at RMB1 billion (US$139.30 million), and Chinese automotive company Geely sued WM Motor for "infringement of trade secrets." Be sure to subscribe to China Money Podcast for free in the iTunes store, or subscribe to our weekly newsletter.