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Chinese used car platform Guazi expected to receive US$1.5 billion from Softbank, taking its value to US$8.5 billion

After the deal, the Beijing-based startup will be valued at US$8.5 billion, multiple times higher than its rival Uxin, which is listed on NASDAQ and had a market capitalization of about US$1 billion a

1 min read
  • Fosun and Ant Financial’s parent, Alibaba, have also invested in Babytree Group, China’s leading online parenting firm.

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    Exclusive | Alibaba and Fosun are about to invest into theAsianparent, SEA’s Babytree

    2 mins read

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