China smart convenience store operator raises $19m
Xiaomai, a Chinese cashier-free convenience store operator much like US-based Amazon Go, has secured RMB125 million ($19 million) in funding led by Aplus Fund and Chenshan Capital.
Xiaomai started out in 2013 as a campus-focused online-to-offline platform, offering university students a range of services including online retail, last-mile delivery, and even career development support....
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