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Alibaba affiliates inject $280m in bike sharing firm Ofo – Report

Retrieved on: 2018-03-04 11:00:00

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<div>Big names in venture capital and private equity, including <b>Sequoia Capital</b> and Hillhouse Capital, have reportedly invested over $2 billion into the two rival firms. The competition, however, further heats up with the entry of new bike-sharing companies that are also reportedly cornering huge amount of ...</div>

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