Alibaba CEO Jack Ma Make Multi-Million Dollar Investment in ‘Rent the Runway’ Fashion Business


It seems that Chinese billionaire investor Jack Ma is planning to expand his business interests to include women’s fashion. Mr. Ma and his Alibaba co-founder Joseph Tsai, are now eyeing a stake in Rent the Runway, a New York-based designer clothing rental for women. Jack Ma and Joe Tsai, through Blue Pool Capital, will inject $20 million in fresh capital… [ 307 more words ]

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Alibaba CEO Jack Ma Make Multi-Million Dollar Investment in ‘Rent the Runway’ Fashion Business

It seems that Chinese billionaire investor Jack Ma is planning to expand his business interests to include women’s fashion. Mr. Ma and his Alibaba co-founder Joseph Tsai, are now eyeing a stake in Rent the…


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