A consortium led by Alibaba Group and Baring Private Equity Asia has acquired 5.5% stake in The CrownX, a consumer-retail platform that currently consolidates Masan Group’s interests in Masan Consumer Holdings and VinCommerce, for a total cash consideration of $400 million.
Alibaba & BPEA-led consortium picks 5.5% in Masan’s retail platform The CrownX
2021-05-18T05:01:10-04:00May 18th, 2021|