Chinese grocery player Miss Fresh sells shares at $31m valuation
Chinese online grocery delivery platform Miss Fresh has agreed to sell an 88.1% stake to a third-party investor at a valuation of approximately USD 31m – one-tenth of the company’s market capitalisation when it listed in June 2021.
Mejoy Infinite, a China-based provider of online marketing services, will subscribe to 5.4bn class B ordinary shares for USD 27m, subject to certain closing conditions, according to a filing. The new issuance...
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