Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Company

BabyTree secures a new round of funding from Alibaba

June 05, 2018


Abstract : BabyTree, an online community for early care and education, secured a new round of funding from Alibaba, with estimated value amounting to about 14 billion yuan.

1

BEIJING, June 5 (Xinhua) -- BabyTree, an online community for early care and education, secured a new round of funding from Alibaba, with estimated value amounting to about 14 billion yuan.

The two sides agreed to carry out cooperation in the fields of e-commerce, Customer-to- Manufactory (C2M) and new retail, and jointly build a global maternal ecosphere to better serve young families.

Wang Huainan, founder and CEO of BabyTree, noted that the company has gained rapid development under the continuous efforts of its strategic partners such as Fosun and Tomorrow Advancing Life. The inclusion of Alibaba as its strategic partner will endow BabyTree with robust driving force so as to achieve win-win results. (Edited by Zhang Yuan, zhangyuan11@xinhua.org)

Scan the QR code and push it to your mobile phone

Keyword: Alibaba BabyTree

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial