Topic

#YCloset

Every story tagged #YCloset on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.

2 stories in this topic

E-Tailing

Oct 2, 20181 min read

Alibaba invests in clothes sharing platform Ycloset

Alibaba has invested an undisclosed figure in Chinese garment-sharing platform YCloset. The site’s strategic fundraising round that secured the Alibaba funding will be used to expand its data analysis functions and physical operations centres. The…

E-Tailing

Sep 27, 20181 min read

Alibaba invests in China’s YCloset

Chinese e-commerce giant Alibaba Group has invested for a second time in fashion rental platform YCloset, injecting an undisclosed sum. The Beijing-based YCloset is set to use to funds plans to expand its current team, upgrade the recommended algorithm system…