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Sources: Chinese online grocery delivery startup Xingsheng Youxuan has raised $100M from Tencent at a $5B valuation (Bloomberg)

By Cecilia
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Bloomberg:

Sources: Chinese online grocery delivery startup Xingsheng Youxuan has raised $100M from Tencent at a $5B valuation  —  – Firm receives $100 million from Tencent at $5 billion value  — Grocer also in talks with other investors including Kuaishou  —  Tencent Holdings Ltd. has increased …

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Cecilia
Ceciliahttps://huggymonster.com
Cecilia is a contributing author at HuggyMonster.com, a vibrant general interest platform that publishes engaging content across a wide array of topics. With a passion for clear, reader-focused writing, Cecilia crafts articles that inform, entertain, and support SEO performance. As part of the vefogix guest post marketplace, she contributes to helping brands grow their digital authority through strategic content placement and high-quality backlink development.

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