Friday 21 September 2018
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Channel News Asia
1 months ago

Alibaba-backed online parenting firm Babytree eyeing up to US$1 billion Hong Kong IPO - sources

HONG KONG (Reuters/IFR) - China s leading online parenting firm Babytree Group, backed by e-commerce giant Alibaba Group, plans to raise up to US$1 billion in a Hong Kong initial public offering (IPO) in October, people close to the transaction told Reuters. Babytree, which also counts ...

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