Government funds back Chinese online grocer Miss Fresh
Chinese online grocer Miss Fresh has raised RMB2 billion ($305 million) from three Qingdao government-related funds to support expansion in the city on China's eastern seaboard.
The investors include Qingdao government-backed Guoxin Group, a guidance fund launched by local authorities, and a venture capital unit under the city's Chengyang district. Miss Fresh will build a series...
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