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Alibaba’s Ant Financial invests in Chinese bike-sharing startup unicorn Ofo

Alibaba’s Ant Financial invests in Chinese bike-sharing startup unicorn Ofo

 Ofo, the Chinese bike-sharing startup that recently claimed unicorn status, announced this weekend that it has added Ant Financial as an investor. In a statement posted to its Weibo account, Ofo said that it will work with Ant Financial, an Alibaba unit, on Internet and credit card payments and its international expansion plan. Read More


Source: TechCrunch

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