Deals in brief: Alibaba’s Trendyol explores USD 1 billion raise, MUFG moves to acquire WealthNavi, ten China deals, and more

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Deals in brief: Alibaba’s Trendyol explores USD 1 billion raise, MUFG moves to acquire WealthNavi, ten China deals, and more - KrASIA

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The post Deals in brief: Alibaba’s Trendyol explores USD 1 billion raise, MUFG moves to acquire WealthNavi, ten China deals, and more appeared first on KrASIA.

Other backers included Middle Eastern sovereign wealth funds and Princeville Capital.

Discussions are said to remain preliminary, with the company gauging potential investor interest for a formal raise, which could start as early as next quarter.