Alibaba Leads $400 Million Investment In Masan Group’s The CrownX
Masan Group’s retail arm, The CrownX, is getting a $400-million investment from Alibaba and Baring Private Equity Asia, as announced by Masan on Tuesday.
Masan Group’s retail arm, The CrownX, is getting a $400-million investment from Alibaba and Baring Private Equity Asia, as announced by Masan on Tuesday.
The initiative will bring together 100 startups shaping the region’s tech ecosystem in various ways.
Chinese tech giant leases server space from state-owned partners temporarily.