Monday, January 11, 2016

This Chinese fashion e-commerce giant just swallowed its top competitor

Mogujie.com will take control of Meilishuo through a stock swap 2015 was a big year for consolidation in China’s tech scene, and the latest deal between two of the country’s biggest fashion e-commerce platforms shows that mergers still haven’t gone out of style. Mogujie.com, the US$1.7 billion social shopping startup, will take control of rival...
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