from Reuters: Business News https://ift.tt/2QZ4A0Q
Wednesday, November 21, 2018
Alibaba suffers rare 'down round' investment as Babytree's HK IPO prices low: sources
China's Babytree Group, a parenting website operator, has priced its Hong Kong IPO at the bottom of a marketing range, people close to the deal said, reducing its valuation and implying a 'down round' for investor Alibaba Group Holding Ltd .
from Reuters: Business News https://ift.tt/2QZ4A0Q
from Reuters: Business News https://ift.tt/2QZ4A0Q
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