Alibaba-backed lender MYbank to raise $871 mln in maiden fundraising -document
China’s MYbank, an offshoot
of Alibaba Group Holding Ltd, seeks to raise about 6
billion yuan ($871 million) in its maiden fundraising, valuing
the online lender at 24 billion yuan, according to a source and
a fundraising document seen by Reuters.
of Alibaba Group Holding Ltd, seeks to raise about 6
billion yuan ($871 million) in its maiden fundraising, valuing
the online lender at 24 billion yuan, according to a source and
a fundraising document seen by Reuters.
Posted by Reuters