T11 Food Market Receives $100 Million in Financing Led by Alibaba

(Source: T11 Food Market)

TMTPOST reported last Sunday that T11 Food Market, a Chinese fresh grocery supermarket brand, has recently received financing of $100 million led by Alibaba, which will be used for the development of existing self-operated business and to conduct new attempts in retail technology, supply chain, e-commerce and entity store empowe…