Alibaba confirms it raised $3B for its newly consolidated local services business

Alibaba has confirmed that it has raised $3 billion for its new-look local services business after it united its Koubei local services business with Ele.me, the on-demand delivery business it recently acquired. The company said it put the capital into the business alongside SoftBank, according to a note within its financial results that were released today. […] https://ift.tt/2LiaYMR support@endlesssupplies.ca (Endless Supplies .Ca) August 23, 2018 at 07:30AM