Sihai network

Alibaba arranges online music to acquire shrimp music as one of 25 business divisions

According to relevant media reports, Alibaba acquired shrimp net and dabbled in music. Technology experts say the talks have been going on for two or three months.

Wang Hao can't remember when he met with Ma Yun at the end of last year. He only remembered that after a round of talks, the president of xiami.com and his four co founders agreed on the spot to sell xiami.com to Alibaba group completely -- in the previous five years of business, although xiami.com couldn't make ends meet, five people never thought of selling the company.

Wang Hao and his four partners returned to the Ali system. Wang Hao joined Ali as a development engineer in 2003 and left in 2007 to prepare for shrimp net. Of the five founding teams of shrimp.com, four have worked in Ali. Xiaomi.com has become the music business department of 25 business departments of Alibaba group.