Apr 28, 2021 09:42 PM (GMT+8) · EqualOcean
E-House announced that Alibaba and Zhou Xin increased their holdings of E-House shares, and Yunfeng fund became a shareholder of E-House. E-House announced the acquisition of 85% shares of tmall Haofang company held by Alibaba group. After the completion of the transaction, Alibaba became the second largest shareholder of E-House. E-House will lead the development of tmall Haofang, while Ali supports E-House to build a real estate digital marketing and trading platform.