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Aggregated China Business Blogs
Venture-Backed Mogujie To Take Over Rival Meilishuo
Aggregated Source: China Money Network
Hangzhou-based fashion e-commerce start-up Mogujie is taking over control of rival Meilishuo, continuing a trend of consolidation among venture-backed Chinese tech companies from last year. The deal, which is driven by venture backers of both companies, is structured via a combination of stock swap and cash payments, with the new company being led by Mogujie's […]

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