June 4, 2019 / 4:50 PM / 22 days ago

Alibaba, Russian joint venture deal to close on Wednesday - RIA

FILE PHOTO: A logo of Alibaba Group is seen at an exhibition during the World Intelligence Congress in Tianjin, China May 16, 2019. REUTERS/Jason Lee

MOSCOW (Reuters) - A joint venture deal between China’s Alibaba, Russian sovereign fund RDIF, mobile phone operator Megafon and internet group Mail.ru will be closed on Wednesday, news agency RIA cited a source as saying on Tuesday.

The companies announced the deal in September.

Reporting by Maria Tsvetkova; Writing by Maria Kiselyova; Editing by Edmund Blair

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