Alibaba-Backed Babytree Seeks Up to $282 Million in H.K. IPO
The Alibaba Group Holding Ltd. app logo is displayed on an Apple Inc. iPhone 6 smartphone screen is held in front of the Youku Tudou Inc. website in this arranged photograph in Hong Kong, China. (Photographer: Xaume Olleros/Bloomberg)

Alibaba-Backed Babytree Seeks Up to $282 Million in H.K. IPO

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(Bloomberg) -- Babytree Group, a Chinese parenting website backed by Alibaba Group Holding Ltd. and Fosun International Ltd., is seeking as much as $282 million in a Hong Kong initial public offeri...
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