Alibaba Injects RMB385 million in Uzai.com On September 30, Uzai.com announced that it had signed an investment agreement with Alibaba. Alibaba invested RMB385 million yuan in Uzai.com, a travel site, accounting for 5% of its shares. The two parties also reached a strategic cooperation and will inject RMB150 million yuan to establish a joint venture. […]
China Tech Digest: Alibaba Injects RMB385 Million In Travel Site Uzai.com comes from China Money Network: Primary Data for China's Primary Markets! All Rights Reserved.