The grocery e-commerce marketplace’s latest round was co-led by Alibaba, and the proceeds will be used to boost its supply chain capabilities and product range.
E-commerce firm Alibaba and investment firm DST Global have co-led a $750m series D round for China-based grocery platform Nice Tuan, 100EC reported today. Anatole Investment, CDH Investments, Cygnus Equity and DE Shaw took part in the round, as did Dragoneer, Franchise Capital, GGV Capital, Jeneration Capital and Kunlun Capital. Founded in 2018 and also…
This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.