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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 […]


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