Chinese start-ups are increasing raising capital from corporations, as venture capital becomes tougher to source. Edaixi, an O2O (online-to-offline) laundry services mobile app, is the latest company getting funded by strategic players. Libai Group Co., Ltd., a detergent manufacturer in China, has led a series B+ round in Edaixi, a start-up launched by Beijing-based laundry […]

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