online grocery market

Pinduoduo Sees Number of Active Merchants Surge 69% to Record 8.6 Million

Merchants are flocking in record numbers to Pinduoduo, the largest platform for agricultural produce in China.

Tencent-backed E-commerce Firm Missfresh Now Available on JD Daojia Platform

Starting this month, consumers in China can access products sold by online grocery startup Missfresh on JD Daojia, a subsidiary of Dada Group.

Chinese Grocery Start-up MissFresh Privately Submitted Prospectus to SEC

MissFresh, a Chinese e-commerce grocery platform, privately submitted its prospectus to the US Securities and Exchange Commission (SEC) a few days ago. The company is expected to go public in mid-June this year, for which it aims to raise more than $500 billion.

China VC Weekly: Computer Vision, Online Grocery and Source Code Capital’s New Fund

In last week’s news, Chinese computer vision startup Clobotics secured roughly $31 million in funding to be used for research and development, prominent VC firm Source Code Capital raised $1 billion in capital commitments and online grocery company Dingdong Maicai raked in over $700 million from regional expansion.

Chinese Online Grocer Dingdong Maicai Raises $700 Million in Latest Funding Round

Chinese grocery platform Dingdong Maicai has raised $700 million in a series D round of financing co-led by investment firms DST Global and Coatue Management as the startup continues its expansion in the crowded fresh food delivery market.

Why is the Community Group Buying Model Surging in China?

People in China shop online for nearly everything. To expand the market size, China saw new opportunities in the community group buying segment.

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