Alibaba’s headquarters in Hangzhou, Zhejiang province, China on November 10. Photo: Reuters
Alibaba Health new share sale raises US$1.3 billion in biggest ever Hong Kong health care placement
- Alibaba Group’s flagship health care platform upsizes placement by a quarter to 498.8 million shares amid strong demand
- Company plans to expand its online drug sales as demand for its services surged during the coronavirus pandemic in China
Alibaba’s headquarters in Hangzhou, Zhejiang province, China on November 10. Photo: Reuters