Robyn Mak joined Reuters Breakingviews in 2013. Previously, she was a Research Associate for the Global Policy Programs at the Asia Society in New York where she focused on US-Iran relations, US-Myanmar relations and sustainability issues in Asia. She has also worked as a researcher at the Carnegie Endowment for International Peace in Washington DC and interned at several consulting firms, including the Albright Stonebridge Group. She holds a masters degree in international economics and international relations from the Johns Hopkins School of Advanced International Studies and is a magna cum laude graduate of New York University.
Internet pioneer Sohu is offering to buy out minority investors in a U.S.-listed gaming subsidiary for a near-70% premium. The move looks opportunistic: the shares, hit by Beijing’s regulatory crackdown, are at less than half of a 2017 peak. Peers could lure bargain hunters too.
Alibaba's charismatic co-founder will step down as chairman. Ma was more politically deft than rivals like Tencent's Pony Ma, keeping his company out of regulatory trouble. His successor steps in at a tricky time: Beijing’s grip is tightening as the e-commerce boom cools.
The Chinese titan is buying part of video-games group NetEase's e-commerce business for $2 bln. More significantly, the two are forging closer ties in music-streaming, where rival Tencent’s dominance is under antitrust scrutiny. That combination paves the way for further deals.