Ant Financial unit invests $32m in smart parking operator Shenzhen Shunyitong

smart parking
Visual from Shenzhen Jieshun's website

Shanghai Yunxin Venture Capital Co, a unit of Alibaba’s payment arm Ant Financial Services, has agreed to invest Rmb200 million ($32 million) for a 20-percent stake in smart parking operator Shenzhen Shunyitong Information Technology Co., according to a Yicai Global report.

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