Spring raises $65 million to fund a shopping mall on your smartphone

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. 
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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 Tisc