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New Deal


Announced

Completed

Alibaba completed the investment in Helijia.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Majority

Single Bidder

Private

Completed

online platform

Acquisition

China

Online and Social Platforms

Friendly

Domestic

Synopsis

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Alibaba, a provider of online and mobile commerce businesses, completed the investment in Helijia, a beauty service online-to-offline platform. Financial terms were not disclosed. Alibaba said that this investment is in line with its strategic investment style, which means the deal is business-related and strategic. Alibaba believes that beauty is one of Alibaba’s fastest-growing categories in the past two years, and the cooperation between Helijia and Tmall Beauty is also in line with this business, and the two will further expand the beauty service sector to enhance user experience.

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