Chinese internet giant Alibaba is planning to raise around $1 billion to fund the expansion of its local-services platform, Koubei, which could value the venture at nearly $8 billion.
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Tuesday, October 18, 2016
Tech
Alibaba to Raise Around $1 Billion for Koubei Platform
Alibaba to Raise Around $1 Billion for Koubei Platform
Chinese internet giant Alibaba is planning to raise around $1 billion to fund the expansion of its local-services platform, Koubei, which could value the venture at nearly $8 billion.
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Chinese internet giant Alibaba is planning to raise around $1 billion to fund the expansion of its local-services platform, Koubei, which could value the venture at nearly $8 billion.
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