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Aggregated China Business Blogs
Alibaba Joins Matrix And Sequoia In Momo Go-Private Deal
Aggregated Source: China Money Network
hotel-meetingA unit of Alibaba Group Holding Ltd. has joined an investor group including Matrix Partners and Sequoia Capital China to take U.S.-listed Chinese dating app maker Momo Inc. private. Alibaba's participation greatly boosts investor confidence that the deal will get completed, after the transaction's fate appeared in question due to a volatile Chinese stock market […]

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