2014-01-23
Alibaba Invests $15M In US Luxury E-Commerce Firm 1stdibs
Hangzhou-based Chinese e-commerce company the Alibaba Group has invested $15 million in series C funding in U.S. luxury e-commerce firm 1stdibs, according to media reports. An Alibaba spokesperson confirmed the investment, but did not specify further details of the transaction. The New York-based 1stdibs previously raised $117 million from Benchmark Capital, Index Ventures and Spark […]
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