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Aggregated China Business Blogs
Jumei To Take Minority Interest In Babytree
Aggregated Source: China Money Network
Chinese beauty products e-commerce firm Jumei International Holding Ltd. has agreed to provide pregnancy and parenting online portal Babytree Inc. with a convertible loan and a revolving credit facility of up to RMB1.55 billion (US$250 million), according to a company announcement. The convertible loan portion of the transaction be as much as RMB744 million (US$120 […]


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