Alibaba Set To Sell Meituan-Dianping Stake For $900M

Login to View

Alibaba Group Holding Ltd. has reached a roughly US$900 million deal to sell its stake in Meituan-Dianping, as the Internet giant focuses on building its own competing platform Koubei, the Wall Street Journal reported citing people familiar with the matter.

China Money Network

UNLOCK DATA
Subscribe & Access the Best Data and Intelligence on Chinese Venture Capital and Tech


Want to read this important story?

Access Over 11,000 stories and data posts over the past 8 years!

Register Now


Already have an account or paid subscription? Log in


RELATED NEWS