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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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Previous articleAirSlate, which automates repetitive business processes, raises $40M, bringing its total raised to $80M (Kyle Wiggers/VentureBeat)
Next articleUK’s 5G spectrum auction raised only £1.36B, just above the £1.1B reserve price and a fraction of the £22.5B 3G auction in 2000 (Nic Fildes/Financial Times)
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