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BRIEF-Global Top E-Commerce to raise stake in Shenzhen network tech firm to 90 pct from 51 pct
October 10, 2016 / 7:06 AM / in a year

BRIEF-Global Top E-Commerce to raise stake in Shenzhen network tech firm to 90 pct from 51 pct

Oct 10 (Reuters) - Global Top E-Commerce Co., Ltd. :

* Says it plans to use 4.8 million yuan to raise a 39 percent stake in Shenzhen-based network technology firm, up from 51 percent

* Says the co to hold 90 percent stake in the network technology firm after the acquisition

Source text in Chinese:goo.gl/V6b9ve

Further company coverage: (Beijing Headline News)

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