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11 January 2016

Mogujie finds Meilishuo a good fit

Tencent-backed Meilishuo is set to be acquired by its competitor Mogujie in a stock deal, and the $3bn merged company could raise up to $250m in the aftermath.

Author: Thierry Heles, Reporter

Meilishuo, a China-based fashion e-commerce company backed by internet company Tencent, is set to be acquired by social commerce company Mogujie, China Money Network reported today.