alibaba backed cryptocurrency
Chinese e-commerce giant Alibabas shares traded 77 higher at HKD 17740 in Hong Kong while technology company Baidus. Alibaba has no plans to sell Hong Kongs South China Morning Post SCMP the e-commerce giants co-founder Joe Tsai was quoted as saying in.
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In the tech community of China the successful Meituan Dianping IPO was a sign that Chinese tech IPOs were on the rebound after some pessimism surrounding the public offerings of Xiaomi and Nio which both priced around the bottom of their range.
. Sequoia as well as Chinese giants Alibaba and Tencent backed the company from early on.
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