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

Get the Full StoryRent 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