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Alibaba Invests RMB 4.5 Bln in Rural B2B E-commerce Platform Huitongda
Jiangsu Financial Herald, 4/17/18
Chinese internet conglomerate Alibaba Group (NYSE: BABA) and Five Star Investment Holdings Group recently announced a strategic partnership, according to which Alibaba will invest RMB 4.5 bln in Jiangsu-based rural-user-facing appliances B2B e-commerce marketplace operator Huitongda Network Holdings, a subsidiary of Five Star Investment Holdings Group. Read More
Rural B2B E-commerce Platform 'Huitongda' Wins RMB 500 Mln Funding
Tencent Tech, 12/22/17
U.S.-China Green Fund announced today the completion of a RMB 500 mln investment in Jiangsu-based Huitongda Network Holdings, operator of rural-user-facing home appliance and equipment B2B e-commerce marketplace Huitongda. Read More
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