China Digest: Ant Financial backs Xingbianli; Agora.io secures Series B extension

China Digest: Ant Financial backs Xingbianli; Agora.io secures Series B extension

The mascot for Ant. Photographer: Qilai Shen/Bloomberg

Alibaba‘s financial affiliate, Ant Financial, has reportedly backed Xingbianli, a Chinese operator of staffless convenience stores and snack bars, while real-time communications company Agora.io has raised a $30 million to add to its $20 Series B funding round.

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