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Beijing Media Top Stories: Alibaba, compensation and car parts mall ...

Beijing Morning Post's cover features a picture of Alibaba's CEO Jack Ma (centre) and Yahoo's COO Daniel Rosensweig (right) at their joint news conference in Beijing.

1. China's largest e-commerce website Alibaba acquires Yahoo China and sell 40 percent of its shares to Yahoo

2. The new rules on compensation of land requisition to be come out within this year:

3. Most car parts malls in Beijing are illegal constructions;

4. A kiss competition between young lovers to be hold in a shopping mall in Beijing to celebrate China's Valentine's (lunar calendar Qixi);

5. A peasant sues Volkswagen China and claims VW infringes his patent on anti-theft door;

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