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April, which provides tax tools that embed directly into financial apps, raised a $38M Series B led by QED Investors, bringing its total funding to $78M (Ryan Lawler/Axios)

Ryan Lawler / Axios : April, which provides tax tools that embed directly into financial apps, raised a $38M Series B led by QED Investor...

1 January 2025

Alibaba sells Sun Art Retail stake to PE firm DCP for ~$1.6B, after paying ~$3.6B in 2020 to double the stake to 70%+, as it focuses on its core online business (Bloomberg)

Bloomberg:
Alibaba sells Sun Art Retail stake to PE firm DCP for ~$1.6B, after paying ~$3.6B in 2020 to double the stake to 70%+, as it focuses on its core online business  —  - Sun Art had attracted interest from other private equity firms … China's e-commerce pioneer said it could receive gross proceeds …

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