Returning investor Tencent chipped in to a round that increased the total raised by the online fresh produce retailer to more than $400m since it was founded in 2014.
Internet group Tencent has participated in a $230m series C+ round for China-based grocery e-commerce platform MissFresh, China Money Network reported today.
Hedge fund manager Tiger Global Management and investment firm Genesis Capital co-led the round, which followed a $100m series C for the company in January this year.
MissFresh runs an online platform that sells fresh produce such as fruit, vegetables, seafood and eggs, and delivers them to customers within two hours, making use of a cold chain logistics…