China's vegetable selling app Meicai seeks to raise at least $500m

China's vegetable selling app Meicai seeks to raise at least $500m

Meicai application. Photographer: Justin Chin/Bloomberg

Meicai, a Chinese startup that connects vegetable farmers with restaurants, is seeking at least $500 million in funding to try and grab a larger slice of a fragmented food sourcing market, people familiar with the matter said.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter