Chinese laundry service app Taidi buys domestic peer Tiantian Xiyi for $135m

Chinese laundry service app Taidi buys domestic peer Tiantian Xiyi for $135m

Tiantian Xiyi. Source: Company website

Chinese online laundry service platform Taidi has acquired domestic counterpart Tiantian Xiyi for 950 million yuan ($135 million), boosting its laundry capacity as well as its presence in southern China.