China supermarket chain T11 raises $100m
T11, a China-based, technology-enabled supermarket chain, has raised a $100 million Series B led by Alibaba Group. Other investors include Redview Capital and MSA Capital.
Founded in 2018, T11 raised over RMB100 million ($16 million) in an angel round led by IDG Capital and China New Economy Fund in 2019. A year later, MSA led a Series A of undisclosed size. The company,...
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