China Business Blog - Aggregated China Business Blogs
Aggregated China Business Blogs
Alibaba-Backed Best Logistics Raising $700M In New Financing Round
Aggregated Source: China Money Network
Chinese logistics company Best Logistics, backed by Alibaba Group Holding Ltd., is raising US$700 million in a new fundraising round ahead of a planned initial public offering, according to a disclosure document by the World Bank’s private-sector investment arm, the International Finance Corp (IFC). The IFC says it is considering investing as much as US$30 […]

Visit for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

Original URL: Click here to visit original article
Copyright China Money Network

Warning: Use of undefined constant php - assumed 'php' (this will throw an Error in a future version of PHP) in /home/chinabus/public_html/wp-content/themes/aggregation-colors/single.php on line 80