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