Alibaba’s Koubei Finalizes Latest Round

Posted on 01/25/2017

Alibaba Group Holding Ltd. had brought together a group of investors for a US$ 1.1 billion round in its on-demand services unit called Koubei. Koubei operates in the cutthroat world of food delivery. In Chinese, Koubei means “word of mouth reputation.” This impending round could value Koubei at roughly US$ 8 billion. Silver Lake Management […]

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