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» » Alibaba suffers rare 'down round' investment as Babytree's HK IPO prices low: sources

Posted by: Stekent Posted date: 12:17 AM / comment : 0

China's Babytree Group, a parenting website operator, has priced its Hong Kong IPO at the bottom of a marketing range, people close to the deal said, reducing its valuation and implying a 'down round' for investor Alibaba Group Holding Ltd .



from Reuters: Business News https://ift.tt/2QZ4A0Q

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