Webank: From a US$64m stake in a Tencent-backed bank to a shiba inu - there's a wide range of confiscated goods you can buy from Taobao

Taobao Marketplace has always been a gold mine of unusual things for sale, but China's leading online shopping platform may have topped expectations again as it auctions off a stake of private Chinese online lender WeBank for 441 million yuan (US$64 million). The business-to-consumer operation of Alibaba Group Holding is auctioning 12.6 million shares of [...]The post From a US$64m stake in a Tencent-backed bank to a shiba inu - there's a wide range of confiscated goods you can buy from Taobao appeared first on US-China Investment News | Finance, Tech & Real Estate.