Chinese beauty products e-commerce firm Jumei International Holding Ltd. has agreed to provide pregnancy and parenting online portal Babytree Inc. with a convertible loan and a revolving credit facility of up to RMB1.55 billion (US$250 million), according to a company announcement. The convertible loan portion of the transaction be as much as RMB744 million (US$120 […]
Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.