Alibaba, YF Capital to pay $1.03b for 16.2% stake in Meinian Onehealth

Alibaba, YF Capital to pay $1.03b for 16.2% stake in Meinian Onehealth

Affiliates of e-commerce major Alibaba along with Jack Ma-led YF Capital have agreed to pay about 7.3 billion yuan ($1.03 billion) for a 16.2 per cent stake in Meinian Onehealth, a Chinese firm providing physical examination and medical services.

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