New York's Rent the Runway secures $20m from Alibaba founders' investment unit - Report

New York's Rent the Runway secures $20m from Alibaba founders' investment unit - Report

Jack Ma. Photographer: Jason Alden/Bloomberg

New York-based women’s clothing rental firm Rent the Runway has secured a $20-million investment from Blue Pool Capital, the investment firm of Alibaba founders Jack Ma and Joe Tsai, according to a Recode report.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter