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Alibaba dials back designer toy ambitions, shuts Koitake to sharpen focus

Koitake, the IP-driven toy unit under Alibaba’s Hujing business, has been phased out as the tech giant shifts its attention to higher-margin verticals.

3 mins read
  • The private equity giant is reportedly nearing a deal that could fizz up Dayao’s shift from IPO hopeful to national beverage contender.

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    KKR eyes 85% stake in Chinese soda brand Dayao

    3 mins read

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