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Alibaba's Auto Navi Buyout: A Road to Nowhere?

China Internet giant Alibaba's purchase of mapping firm AutoNavi comes at a high price and looks financially questionable, but makes more sense as a strategic maneuver, says Breakingviews' John Foley.

http://www.wgrz.com/video/3186816260001/1/Alibabas-Auto-Navi-Buyout-A-Road-to-Nowhere http://cdn.newslook.com/1b/1b8bbb3d417423df7b8275d114e699f2/images/frame_ext.jpg Alibaba's Auto Navi Buyout: A Road to Nowhere? China Internet giant Alibaba's purchase of mapping firm AutoNavi comes at a high price and looks financially questionable, but makes more sense as a strategic maneuver, says Breakingviews' John Foley. UniqloFinancealibabanewslookjohn FoleyChina 02:04

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