China Digest: Alibaba makes follow-on in YCloset; Ant Financial backs Anxinji

China Digest: Alibaba makes follow-on in YCloset; Ant Financial backs Anxinji

Photo: YCloset

Alibaba Group has made a follow-on investment in luxury clothing rental platform, YCloset, while its payment platform, Ant Financial, has invested a $14.6 million Series B in Anxinji, a platform that tracks working hours.

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