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Aggregated China Business Blogs
Alibaba Rumored To Buy SoftBank-Backed Wandoujia At Greatly Discounted Price
Aggregated Source: China Money Network
WAndoujiaAlibaba Group Holdings Ltd. is rumored to buy Wandoujia, a Beijing-based Android mobile app distribution platform backed by SoftBank Corp., Goldman Sachs, DCM and Innovation Works at a greatly discounted price. The price for the 100% buyout is reportedly around US$200 million, a fraction of the US$1 billion valuation of Wandoujia's last financing round back […]


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