Today’s top tech news, August 7: Alibaba to merge food, lifestyle platforms and raise US$3B for them
Also, Xiaomi’s component supplier to invest US$200 million in India, and...
Alibaba’s lifestyle unit Koubei snags US$1.1B to accelerate local expansion
Koubei recorded a loss of RMB 237 million last quarter Alibaba has grown into a...
Alibaba is seeking US$1B to grow its local services platform Koubei
The move to let in external investors may set it on a path to be listed as a...
