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Aggregated China Business Blogs
Alibaba Invests $50M In App Maker Peel
Aggregated Source: China Money Network
Hangzhou-based Chinese e-commerce giant Alibaba Group Holdings Ltd. has invested US$50 million in U.S. app maker Peel, according to media reports. Alibaba, which just completed the world's largest IPO last month raising US$25 billion on the New York Stock Exchange, previously invested US$5 million last year in one of the start-up's four previous venture funding […]


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