Alibaba-backed Easyhome, the Chinese second-largest home improvement chain, will list its retail unit through a deal worth up to US$5.65 billion with a Chinese state-owned listed retailer, according to statements published on the Shenzhen stock exchange late Thursday. Wuhan Zhongshang Commercial Group said in the statement that it would buy Easyhome by issuing over six billion […]
Alibaba-Backed Easyhome To Float New Retail Unit In $5.65B Backdoor Listing appeared first on China Money Network.