SoftBank leads Series A for China cashier-less vendor
SoftBank Ventures Asia (SBVA) has led a CNY 300m (USD 47m) Series A for Feng1, a China-based cashier-less vendor start-up. CICC Capital and Shenzhen Capital Group also participated.
SBVA sits alongside Mingde Holdings – the biggest shareholder in SF Express - as the largest investors in Feng1. The proceeds of the latest round will go towards scaling up the business and improving...
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