Alibaba Health to buy AJK Technology for $1.73b

Alibaba Health to buy AJK Technology for $1.73b

FILE PHOTO: A man walks past a logo of Alibaba Group at its office building in Beijing, China August 9, 2021. REUTERS/Tingshu Wang

Investment holding company Alibaba Health Information Technology Ltd said on Tuesday it would buy entire stake in AJK Technology Holding Ltd from a unit of Alibaba Group Holding for HK$13.51 billion ($1.73 billion).