Alibaba Innovation Ventures, Softbank, Sequoia Lead $50M Round In Garment Rental Firm Yi23

Alibaba Innovation Ventures, Softbank China and Sequoia Capital China have jointly led a US$50 million series C round in Yi23, a women’s clothing rental start-up. GSR Ventures, IDG Capital, Zhen Fund and a number of other Chinese investment firms also participated, according to a company announcement.

China Money Network

Subscribe & Access the Best Data and Intelligence on Chinese Venture Capital and Tech

Register Now

Want to read this important story?

Access thousands of news articles and data posts over the past 9 years!

Already have an account or paid subscription? Log in

China Expert network