China News Digest: April 13, 2016

The following press releases and news reports about China companies were carried on April 13. To view a full article or story, click on the link next to the headline.
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• Alibaba (NYSE: BABA) Buys Control of Lazada in $1 Bln Bet on SE Asia E-commerce (English article)
• Shanda Group Makes Long Term Strategic Investment In Legg Mason (NYSE: LM) (PRNewswire)
• Private Chinese Firm Sharing Mobile in Deal to Buy Nigerian Telco GiCell (Chinese article)
• China Hotelier Jin Jiang (HKEx: 2006) Said to Weigh Boosting Accor (Paris: AC) Stake (English article)
• Car Services Firm UCar secures $569 Mln, Files for Listing on New Third Board (English article)