Ant Financial Invests In Chinese Umbrella Rental Start-Up Mobrella

Mobrella, an umbrella-sharing start-up, has secured an investment worth millions of RMBs from Ant Financial Services Group, a financial subsidiary of Chinese e-commerce giant Alibaba Group. The latest investment will boost the company’s plan to expand its services into more cities in China as well as control the cost of its renting services, said Guman, […]

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