Week In Review: Alibaba Bids $1.4 Billion For iKang, A Chain Of China Healthcare Clinics
March 17, 2018 at 18:28 PM EDT
Alibaba's investment arm and Yunfeng Capital offered $1.4 billion to acquire iKang Healthcare, a chain of private China healthcare clinics. Alibaba will likely incorporate iKang's 110 clinics into its network of online/offline healthcare offerings.
