Chinese smart vending machine solution provider Ubox has raised RMB1.6 billion (US$226.43 million) in a new round of financing led by Ant Financial, the fintech affiliate of Chinese e-commerce giant Alibaba Group. Ant Financial poured RMB1.2 billion (US$167.90 million) into the investment. Chinese investment firm Primavera Capital Group also participated in this round, said Ubox […]

Ant Financial Leads $226M In Chinese Smart Vending Machine Solution Provider comes originally from China Money Network. All Rights Reserved.