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Alibaba Will Reportedly Sell Its Meituan-Dianping Stake For $900M
#HTE
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
http://techcrunch.com/2016/01/28/alibaba-will-reportedly-sell-its-meituan-dianping-stake-for-900m/?ncid=rss
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 Morehttp://techcrunch.com/2016/01/28/alibaba-will-reportedly-sell-its-meituan-dianping-stake-for-900m/?ncid=rss