Joyoung-backed online grocery platform Benlai has received $200m in a series D1 round led by SF Express-owner Mingde Holdings.

China-based groceries e-commerce group Benlai collected $200m in a series D1 round on Monday led by Mingde Holdings, the majority shareholder of logistics firm SF Express. CDH Investments, Beishang Capital and Gaorong Capital also participated in the round. Founded in 2012, Benlai sells fresh fruit and vegetables to consumers through its Benlai Life e-commerce platform.…

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