The Tencent and Lenovo-backed online grocery retailer could reportedly raise up to $1bn through a US initial public offering.
Internet group Tencent and electronics producer Lenovo could exit China-based online grocery retailer MissFresh, which has confidentially filed for an initial public offering in the United States, IPO Zaozhidao has reported.
The company is expected to formally file for the offering by mid-June this year and is reportedly seeking between $500m and $1bn through the offering.
Founded in 2014, MissFresh runs an e-commerce platform that offers produce including fresh fruit and vegetables, beverages and dairy products which are delivered to…
