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 Alibaba just reported a very impressive quarter of business, but there was a small nugget of notable funding news tucked away in its announcement. Koubei, an Alibaba affiliate company focused on enabling local commerce, closed a $1.1 billion financing round this month. The funding was led by Silver Lake, CDH Investments, Yunfeng Capital and Primavera Capital, Alibaba said. It isn’t… Read More
https://techcrunch.com/2017/01/24/alibaba-koubei-1-1-billion/?ncid=rss
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