Alibaba Will Reportedly Sell Its Meituan-Dianping Stake For $900M

FUNDING Comments Off on Alibaba Will Reportedly Sell Its Meituan-Dianping Stake For $900M

shutterstock alibaba Alibaba has reportedly reached an agreement to sell its stake in Meituan-Dianping, the group deals and online booking site that recently raised an eye-popping $ 3.3 billion round. According to the Wall Street Journal, Alibaba will sell its shares for about $ 900 million. It’s not a surprise that the Chinese e-commerce giant wants to offload its stake. According to an earlier report,… Read More
Fundings & Exits – TechCrunch

Author

Related Articles

Copyright @2015 pipeprotech.com

Search

Back to Top