China Post-backed Telpo completed the acquisition of a 26.29% stake in Ule for $128m.

Synopsis

China Post-backed Telpo, a manufacturer, completed the acquisition of a 26.29% stake in Ule, an e-commerce platform, for $128m.

Principals

Ule Holdings

China Post

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Market Context

jones day

HQ - Cleveland

legal advisors

bidder

1503

Deals

£ 731.58 B

Total Value