Alibaba, PE Partner Sink $171M Into Drug Data Venture
By Karlee Weinmann ( January 23, 2014, 12:11 PM EST) -- Chinese Internet titan Alibaba Group Holding Ltd. said Thursday it will partner with its chairman's private equity firm to take control of a Hong Kong company that could help it build out an online drug information platform in a deal worth 1.33 billion Hong Kong dollars ($171 million)....
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