New Alibaba division valued at $30bn

09 Nov 2018
Chinese e-commerce giant Alibaba Group Holdings’ (NYSE: BABA) newly formed on-demand online services unit has rocketed in value to as much as $30 billion U.S. after raising $4 billion U.S. in fresh funds.
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Tom Marling

Tom is a PhD candidate in Chinese History at Hong Kong Baptist University, and former PR consultant in Mainland China. He joined the AIM Group in 2016 as a writer/analyst.