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A copy (C) of the South China Morning Post (SCMP) is displayed at a newsstand in Hong Kong on December 12, 2015, following its acquisition by Chinese internet giant Alibaba of the English-language newspaper. Alibaba said on December 11 it would buy Hong Kong's South China Morning Post, pledging to maintain the newspaper's objectivity in the face of fears it will lose its independent voice.   AFP PHOTO / ANTHONY WALLACEANTHONY WALLACE/AFP/Getty Images
A copy (C) of the South China Morning Post (SCMP) is displayed at a newsstand in Hong Kong on December 12, 2015, following its acquisition by Chinese internet giant Alibaba of the English-language newspaper. Alibaba said on December 11 it would buy Hong Kong's South China Morning Post, pledging to maintain the newspaper's objectivity in the face of fears it will lose its independent voice.   AFP PHOTO / ANTHONY WALLACEANTHONY WALLACE/AFP/Getty Images

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    Alibaba buying China's largest English newspaper

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Alibaba buying China's largest English newspaper

Alibaba will be buying the South China Morning Post for $266M. Andrew Stevens joins CNN Today to speak about why they'd want to buy the struggling paper.

Alibaba buying China's largest English newspaper

Alibaba will be buying the South China Morning Post for $266M. Andrew Stevens joins CNN Today to speak about why they'd want to buy the struggling paper.