Alibaba picks stake in Chinese online parenting platform Babytree

Babytree founder and CEO Allen Wang

By Mars W. Mosqueda Jr.

June 4, 2018

China’s online parenting services platform Babytree has announced a strategic investment from Alibaba that values the former at RMB 14 billion ($2.19 billion).

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Following vacancies can be applied for (only in Singapore).

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  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
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