China bike-sharing firm Ofo says raises over $700 million, led by Alibaba, others
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July 6, 2017This post was originally published on this site
HONG KONG (Reuters) – Chinese bike-sharing start-up Ofo said on Thursday it has raised more than $700 million in its latest funding round that was led by Alibaba Group and two others, in the largest such fund-raising in the business that has drawn keen investor interest.