China: Tencent-backed MissFresh snags $450m funding

Photo by Sven Scheuermeier on Unsplash

Chinese fresh produce e-commerce platform MissFresh has closed a $450 million funding round led by Goldman Sachs Investment Partners and Tencent Holdings, according to a statement by the platform’s financial advisor China Renaissance.

The round is also joined by Hong Kong-based investor Jeneration Capital Management, US-based investment firm Davis Selected Adviserm Poly Capital Holdings Ltd, and existing investors including Tiger Global Management and Sofina.

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