China's in talks on stake sale to IDG


SHANGHAI, July 29 (Reuters) -, a Chinese business-to-business e-commerce startup specialising in auto parts sourcing, is in initial talks with IDG Ventures and several other potential investors to sell as much as a 20 percent stake, its president said on Tuesday. Other firms that have expressed an interest in the firm include the investment arms of Japan's Softbank Corp and Lenovo Group Ltd , the world's No.4 PC maker, Kevin Chen told Reuters on the sidelines of an industry ...

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