Alibaba has reportedly reached an agreement to sell its stake in Meituan-Dianping, the group deals and online booking site that recently raised an eye-popping $3.3 billion round. According to the Wall Street Journal, Alibaba will sell its shares for about $900 million. It's not a surprise that the Chinese e-commerce giant wants to offload its stake. According to an earlier report,… Read More
Source: TechCrunch