久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Technology

Silver Lake to join $1.2b round in key Alibaba arm

China Daily | Updated: 2016-12-24 06:57

Silver Lake to join $1.2b round in key Alibaba arm

A visitor walks past the stand of Alibaba's online to offline (O2O) service platform Koubei during an expo in Hangzhou city, Zhejiang province, Oct 30, 2015. [Photo/IC]

Alibaba Group Holding Ltd's on-demand services unit is close to securing $1.2 billion of funding for expansion after getting backing from first-time investors including Silver Lake Management and China's sovereign wealth fund, people familiar with the matter said.

The latest round for Koubei, which deals in local services such as food delivery, will surpass a $1 billion target with backing from China Investment Corp, according to the people, who asked not to be named because the matter is private. The round also includes Yunfeng Capital, a fund backed by Alibaba co-founder Jack Ma, and values the two-year-old startup at about $8 billion, they said.

Silver Lake, the largest technology-focused private equity firm, was an early investor in Alibaba but typically eschews early-stage backing for Chinese startups. On-demand local services have attracted major spending in past years and have become a costly battleground for Chinese internet companies from Alibaba to Tencent Holdings Ltd, as more people turn to the web to order take-out, schedule beauty treatments and hire domestic helpers.

Beijing-based Primavera Capital Group and CDH Investments are also investing in Koubei's round, the people said.

Fred Hu, chairman of Primavera, confirmed the company is an investor in Koubei without elaborating. Silver Lake declined to comment while CIC, CDH and Yunfeng didn't respond to requests for comment.

Baidu Inc is the other big player in a loosely defined "online-to-offline" market that's expected to reach 7.28 trillion yuan ($1 trillion) by 2017. Chinese users of location-based services could rise 29 percent to 400 million people next year, according to Shanghai-based internet consultant iResearch.

The intense competition for online consumption requires billions of dollars in marketing, subsidies and other incentives to encourage spending. It's also heightening tensions between the country's largest internet players.

Bloomberg

 

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 免费观看一级特黄三大片视频 | 99精品观看 | 国产一级一片免费播放 | 九九精品视频一区二区三区 | 精品厕拍 | 爱逼综合网 | 亚洲综合久久综合激情久久 | 国产一级特黄全黄毛片 | 国产大片一区 | 97视频在线播放 | 欧美成人午夜在线全部免费 | 波多野结衣在线看片 | 国产乱子伦片免费观看中字 | 久久一区二区三区免费播放 | 久久99精品久久久久久h | 午夜国产视频 | 久久中文字幕日韩精品 | 久久91综合国产91久久精品 | 久操免费| 87精品福利视频在线观看 | 91情侣在线偷精品国产 | 色网站在线观看 | 亚欧色| 国产真人毛片一级视频 | 好吊色37pao在线观看 | 99视频在线精品免费 | 国产成人一区二区三区精品久久 | 91精品一区二区三区在线播放 | 伊人一级 | 经典国产乱子伦精品视频 | 一级片免费观看 | 国产午夜精品久久久久小说 | 曰本aaaaa毛片午夜网站 | 手机在线免费看毛片 | 亚洲一区二区免费 | 欧美一区二区在线播放 | 欧美精品1| 成人ab片 | 韩国精品一区二区三区在线观看 | 精品国产高清久久久久久小说 | 成人在线一区二区三区 |