The Tencent and Lenovo-backed online grocer has confirmed it has closed a $495m round led by China International Capital Corporation.

MissFresh, the China-based online supermarket backed by internet technology group Tencent and consumer electronics producer Lenovo, has completed a $495m financing round, Bloomberg reported today.

China International Capital Corporation (CICC) led the round, which included fellow investment bank Goldman Sachs’ asset management arm as well as financial services firm Industrial and Commercial Bank of China, Tiger Global Management and Abu Dhabi Capital.

Details of the round follow a report in May this year that the company had raised money…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.