Alibaba-backed online parenting platform Babytree files for HK IPO

Alibaba-backed online parenting platform Babytree files for HK IPO

Photo: Tanaphong Toochinda/unsplash

China’s online parenting services platform Babytree, which announced a strategic investment from Alibaba last month, has filed for an initial public offering (IPO) in Hong Kong, joining a number of Chinese firms seeking to list in the city.

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