Alibaba’s Jack Ma and Joe Tsai invest $20 million in Rent the Runway

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 Rent the Runway has snagged a $ 20 million investment from Alibaba CEO Jack Ma and Joe Tsai via Blue Pool Capital, Recode first reported. Blue Pool Capital is a multibillion-dollar fund that invests in public and private equity on behalf people like Ma and Tsai. The round reportedly values Rent the Runway at about $ 800 million. Rent the Runway’s previous investment came in back in 2016,… Read More
Fundings & Exits – TechCrunch

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