Chinese pregnancy and parenting online portal and e-commerce platform Babytree Inc., has filed for an initial public offering in Hong Kong, according to its IPO prospectus. The document did not specify its IPO size nor its timetable. The news came after Alibaba Group Holding Ltd made a strategic investment to acquire 10% stake of Babytree, valuing the firm at RMB14 billion (US$2.19 billion) earlier this month. The two parties will collaborate in e-commerce, advertising, consumer to manufacturer (C2M) and content monetization.  Founded in 2007, …

Chinese Pregnancy And Parenting Portal Babytree Files For Hong Kong IPO appeared first on China Money Network.