2 Alibaba-Backed Unicorns Ride In Different Directions

By | November 25, 2015

Scalper1 News

Two Alibaba (BABA)-backed Internet startups valued above $1 billion, Amazon (AMZN) rival Jet.com and chat app Tango, both had notable developments Tuesday. But as one gives thanks, the other has had its wings clipped. Jet Gets $350 Million In Funding Jet.com announced a $350 million funding infusion, led by Fidelity Investments. That values the e-commerce startup at $1 billion. The company expects another $150 million soon. Jet didn’t name other Scalper1 News

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