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March 1, 2019 01:02 am GMT

Tiger Global and Ant Financial lead $500M investment in Chinas shared housing startup Danke

A Chinese startup that’s taking a dorm-like approach to urban housing just raised $500 million as its valuation jumped over $2 billion. Danke Apartment, whose name means “eggshell” in Chinese, closed the Series C round led by returning investor Tiger Global Management and newcomer Ant Financial, Alibaba’s e-payment and financial affiliate controlled by Jack Ma. […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/rNa3GsSgt74/

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