M&A Deal Summary

Alibaba Group Acquires NetEase - Kaola

On September 5, 2019, Alibaba Group acquired e-commerce company NetEase - Kaola from NetEase for 2.0B USD

Acquisition Highlights
  • This is Alibaba Group’s 5th transaction in the E-Commerce sector.
  • This is Alibaba Group’s 2nd largest (disclosed) transaction.
  • This is Alibaba Group’s 8th transaction in China.

M&A Deal Summary
Date 2019-09-05
Target NetEase - Kaola
Sector E-Commerce
Buyer(s) Alibaba Group
Sellers(s) NetEase
Deal Type Divestiture
Deal Value 2.0B USD

Target

NetEase - Kaola

Beijing, China
NetEase, Inc. - Kaola is an Import E-Commerce Platform.

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Buyer(S) 1

Buyer

Alibaba Group

Hangzhou, China
Category Company
Founded 1999
Sector E-Commerce
Employees204,891
Revenue 941.2B CNY (2024)
DESCRIPTION

Alibaba Group is a group of Chinese e-commerce businesses including Alibaba.com, Taobao, and Alipay. Alibaba Group was founded in 1999 and is based in Hangzhou, China.

DEAL STATS #
Overall 14 of 16
Sector (E-Commerce) 5 of 5
Type (Divestiture) 2 of 2
Country (China) 8 of 9
Year (2019) 1 of 1
Size (of disclosed) 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-22 ShopRunner

King of Prussia, Pennsylvania, United States

ShopRunner, Inc. is a provider of e-commerce platform for various consumer products. ShopRunner was founded in 2009 and is based in King of Prussia, Pennsylvania.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-18 Sun Art Retail Group

Shanghai, China

Sun Art Retail Group is a hypermarket operator and holding company for RT-Mart China and Auchan China. Sun Art Retail Group was founded in 1998 and is based in Wan Chai, China.

Buy -

Seller(S) 1

SELLER

NetEase

Hangzhou, China
Category Company
Founded 1997
Sector Digital Media
Employees29,128
Revenue 103.5B CNY (2023)
DESCRIPTION

NetEase is an entity that is developing and operating some of China's most popular PC-client and mobile games. As one of the world's largest incubators of quality online game content, NetEase Games is dedicated to supporting the growth of innovative studios around the globe and growing an international presence along the way. To complement its self-developed games and world-class R&D capabilities, NetEase Games also partners with other industry leaders including Blizzard Entertainment, Mojang AB (a Microsoft subsidiary) and other global game developers to operate some of the most popular international online games in China. NetEase was founded in 1997 and is based in Hangzhou, China.

DEAL STATS #
Overall 1 of 1
Sector (E-Commerce) 1 of 1
Type (Divestiture) 1 of 1
Country (China) 1 of 1
Year (2019) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-29 Quantic Dream S.A.

Paris, France

Quantic Dream is a French video game studio that leads the world in interactive storytelling. Quantic Dream has been at the forefront of innovation in a narrative, popularizing the genre of choice-dependent stories. The studio, that worked exclusively with Sony during the past 12 years, created thought-provoking games like FahrenheitTM (aka Indigo Prophecy in North America), Heavy RainTM, Beyond: Two SoulsTM, and more recently Detroit: Become HumanTM. The studio's medium-defining titles have showcased world-class talents including David Bowie, Ellen Page, Willem Dafoe, Hans Zimmer, and Jesse Williams. Quantic Dream has developed proprietary technologies and original franchises since its creation, with the support of millions of gamers around the world.

Buy -
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