Alibaba & BPEA-led group picks 5.5% in Masan's retail platform The CrownX for $400m

Alibaba & BPEA-led group picks 5.5% in Masan's retail platform The CrownX for $400m

A consortium led by Alibaba Group and Baring Private Equity Asia has acquired a 5.5% stake in The CrownX, Masan Group’s integrated consumer-retail platform, for a total cash consideration of $400 million.

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