Situated in the Shibei District, the cradle of Qingdao’s industry, commerce and folk culture, Missfresh’s flagship Fresh Market has grown out of a decades-old wet market.
Dingdong Maicai and MissFresh, leading players in China’s burgeoning fresh food delivery arena, filed for US listings on Tuesday, racing to become the first publicly-traded Chinese online grocery platform.
Starting this month, consumers in China can access products sold by online grocery startup Missfresh on JD Daojia, a subsidiary of Dada Group.
MissFresh, a Chinese e-commerce grocery platform, privately submitted its prospectus to the US Securities and Exchange Commission (SEC) a few days ago. The company is expected to go public in mid-June this year, for which it aims to raise more than $500 billion.
Chinese grocery e-commerce platform MissFresh announced Thursday a new $495-million funding round led by a fund under state-backed China International Capital Corporation.
Tencent Holdings-backed Missfresh has completed a new round of financing worth $495 million, LatePost reported, the biggest fundraising that a Chinese grocery start-up has ever received.
This past week saw Keep, China’s answer to Nike’s Training Club, officially become the first unicorn in the world of fitness tech.
Chinese E-commerce Grocery Startup MissFresh has completed a new round of financing at a pre-investment valuation of more than $3 billion.
Ever since the coronavirus outbreak, multiple delivery platforms in China have now proceeded with contactless delivery services.
MissFresh, a fresh produce e-commerce platform, announced the completion of their Series D fundraising on September 6. The $450 million round is lead by Goldman Sachs Investment Partners (GSIP) and Tencent Holdings Ltd., followed by Tiger Global Management and four new investors.
In half a year’s time, the craze for unmanned shelves has quietly passed, some enterprises left the industry while others turned these shelves into smart vending machines.
Missfresh partner Xiao-hui Xu announced at the Third A20 New Agricultural Festival on December 24 that Missfresh would complete a new round of financing next week. The capital obtained will be used for unmanned convenience sales.