Filing reveals Alibaba's financial affiliate Ant Financial has invested $321M in Chinese bike-sharing firm HelloBike at a $1.47B valuation (Yimian Wu/China Money Network)
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Yimian Wu / China Money Network:
Filing reveals Alibaba's financial affiliate Ant Financial has invested $321M in Chinese bike-sharing firm HelloBike at a $1.47B valuation — Alibaba's financial services unit Ant Financial has invested RMB2.06 billion (US$321 million) in bike sharing firm Hellobike, valuing the latter …
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