freshippo: Alibaba's grocery unit IPO put on ice amid disappointing valuation: report
The Chinese technology conglomerate has concluded it could likely achieve a valuation of around $4 billion for Freshippo, which is lower than the $6 billion to $10 billion it was targeting when it considered raising a private funding round last year, according to the report.
China General Hong Kong Offering College China Alibaba Group Holding Ltd Northwestern University Indian School Of Business
Source: indiatimes.com