Alibaba joins China Taiping for Chinese online health insurer
Alibaba has raised 1bn yuan (£100m) for a fledgling online health insurer Alibaba Health Insurance.
China Taiping will hold around 20% of the joint venture with Alibaba's private equity firm Shanghai Yunfeng, Alibaba Health, and Alibaba (China) Technology holding 40% of the company; the remaining 39
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