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Spring raises $65 million to fund a shopping mall on your smartphone
Spring raises $65 million to fund a shopping mall on your smartphone
http://i.amz.mshcdn.com/H0bAw-xB_gHz...76c2f8ebcf.jpghttp://a.amz.mshcdn.com/assets/feed-...8be198fb13.jpghttp://a.amz.mshcdn.com/assets/feed-...6a4ca77139.jpg As brick-and-mortar retailers flounder, investors are pouring money into new ways to shop on your phone. Shopping app Spring just raised $65 million to grow its online market of more than 2,000 clothing brands.* SEE ALSO: Venmo's in-app purchases are **w available to everyone Fidelity Investments led the cash infusion with support from previous backers like Thrive Capital and Russian billionaire Yuri Milner. With the latest round, Spring has raised $100 million to date. Spring CEO Alan Tisch founded the e-commerce company with his brother, venture capitalist and ****** entrepreneur David Tisch, as a simple and visually appealing way for millennials to buy clothes on their phones. Read more... More about Spring, E Commerce, and Businesshttp://feeds.feedburner.com/~r/Mashable/~4/2wPBbkJJ-Rc |
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