Alibaba Leads Series A Round In Chinese Electronic Invoice Service Provider Baiwang

Chinese e-commerce giant Alibaba has led a series A round of financing in the country’s electronic invoice service provider Baiwang Co., said Baiwang cited by Chinese online publication SinaTech on late Monday. Financial details of the new round remained undisclosed. Several media outlets including TechWeb reported that Alibaba invested RMB317 million (US$47.22 million), while a […]

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