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Tencent-Backed Online Grocery App MissFresh Raises $495 Million

By
Juro Osawa
· · Source: Bloomberg

MissFresh, a Chinese online grocery startup backed by Tencent, has completed its latest funding round raising $495 million, Bloomberg reported. China International Capital Corp. led the investment round, which also included the asset management arm of Goldman Sachs, Tiger Global and other investors, according to Bloomberg. Even though the coronavirus pandemic has created challenges for China’s...

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The cofounders of Character.AI, Noam Shazeer (CEO) and Daniel de Freitas Adiwardana (president) at the company's office in Palo Alto, CA. Photo via Getty.
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