Wednesday, February 15, 2017

Temasek cuts Alibaba stake, bulks up on Ctrip

Temasek appears to be betting China’s consumers will ease back on the retail therapy in favor of hitting the road, cutting its stake in e-commerce giant Alibaba while boosting its online travel site Ctrip holdings.
In the fourth quarter, Singapore’s state-owned investment fund...

Read full post here:
https://skpsoft.com/travel/temasek-cuts-alibaba-stake-bulks-up-on-ctrip/

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