Carlyle Group, one of the world’s largest buyout funds, said on Thursday it will invest US$85 million in Ubox to help expand the Chinese vending machine operator’s network and give consumers a better-quality service. …
Source: www.scmp.com
For several years, Ubox’s customers have been able to shop online via its mobile app and collect their drinks or snacks from its network of interactive vending machines, which now number over 30,000 and are spread across 58 Chinese cities.