YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
China's Alibaba Group is investing $15.5 billion in support of "common prosperity" in the country.
China has been encouraging companies to share wealth as part of plans to ease inequality.
Alibaba's funds are slated to go toward subsidies for businesses, among other initiatives.
Read more from Reuters.
Springfield event venue Belamour LLC gained new ownership; The Wok on West Bypass opened; and Hawk Barber & Shop closed on a business purchase that expanded its footprint to Ozark.