Wednesday, February 8, 2023

Sources: Chinese online grocery delivery startup Xingsheng Youxuan has raised $100M from Tencent at a $5B valuation (Bloomberg)

Bloomberg:

Sources: Chinese online grocery delivery startup Xingsheng Youxuan has raised $100M from Tencent at a $5B valuation  —  – Firm receives $100 million from Tencent at $5 billion value  — Grocer also in talks with other investors including Kuaishou  —  Tencent Holdings Ltd. has increased …

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