China: plans IPO next year

According to Bloomberg experts, Chinese fresh food e-commerce platform is planning an initial public offering (IPO) in the United States next year. wants to raise about 500 million U.S. dollars. The plan is in development, so the specific details such as the size of funding may change. It was discovered that Alibaba, which had already invested in at the beginning of 2013, has raised a further 300 million dollars in D-Round financing of this year. KKR has also been investing in since May 2016. was founded in 2005. It's head office is in Shanghai. sells fruits, vegetables, meat and other fresh products mainly through its website, a mobile application and the Alibaba's platform T-mall. According to the company's website, it has 5 million customers and more than 1,000 corporate clients. 


Publication date: 1/15/2018

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