Gravy train stopping?: Alibaba is offloading a stake in Meituan Dianping at the same time as the local startup seeks up to US$3bil (RM12.77bil) in fresh funds.
HONG KONG: Alibaba is disrupting China's web fundraising wars.
The Chinese web group is offloading a stake in Meituan Dianping at the same time as the local startup seeks up to US$3bil (RM12.77bil) in fresh funds. The parallel sales will test investor demand for China's "online-to-offline" services boom.
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