Chinese grocery app Nice Tuan, which focuses on community group buying and claims to have 15M orders per day, raises $750M led by Alibaba and DST Global (Lulu Yilun Chen/Bloomberg)

Lulu Yilun Chen / Bloomberg:
Chinese grocery app Nice Tuan, which focuses on community group buying and claims to have 15M orders per day, raises $750M led by Alibaba and DST Global  —  - D.E. Shaw, Anatole, Jeneration Capital invest in grocery app  — Nice Tuan also attracts backing from CDH, GGV, Kunlun Capital



from Techmeme https://ift.tt/3mhY45X
via IFTTT

Comments

Popular posts from this blog

6 investors discuss why AI is more than just a buzzword in biotech

Voiceflow, a Canada-based SaaS platform that lets companies launch their own voice and chat bots, raises $20M Series A led by Felicis Ventures (Igor Bosilkovski/Forbes)

Ex-staffers say Twitter's mass firing of security staff and growing reliance on automation will help China and other authoritarian regimes in silencing critics (Adam Rawnsley/Rolling Stone)