Alibaba, partners invest $400 mln in retail arm of Vietnam’s Masan
HANOI — Chinese e-commerce giant Alibaba Group Holding Ltd and partners have invested $400 million in the retail unit of Vietnamese conglomerate Masan Group Corp, Masan said on Tuesday. The consortium, which includes Alibaba Group and Baring Private Equity Asia, has paid for a 5.5% stake in Masan’s retail arm,…
bubmagMay 18, 2021