Sequoia-backed online life service platform 24Tidy is acquiring laundry brand Bonnych while Chinese liquor brand Kaishan has secured 100 million yuan ($14 million) from Genesis Capital, Hillhouse Capital, among others.
Sequoia-backed online life service platform 24Tidy to acquire Bonnych
Sequoia Capital China-backed online life service platform 24Tidy (Shanghai) Network Technology Inc announced that it has entered an agreement to acquire laundry brand Bonnych.