Tencent Invests $3.2 Million In App-Connected Laundry Service

China's $139 billion Internet giant wants your dirty clothes.

One of China's biggest Internet companies hopes its latest investment will become the country's Uber of laundry: Tencent recently announced RMB 20 million ($3.2 million) in funding for laundry chain Rongchang's app Edaixi.

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Published on July 24, 2014 08:34
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