In alibaba, alibaba group, China, E-Commerce, Fundings & Exits, furniture, home improvement, O2O, Red Star Macalline, retail, TC, TechCrunch - Funding & Exits, Technology News
Posted Alibaba invests about $635M in Red Star Macalline, one of China’s largest furniture sellers
Alibaba Group has acquired about RMB 4.36 billion ($635 million) worth of convertible bonds in Red Star Macalline, one of China’s biggest furniture retailers. If converted, this would give [...]