Convenience store management software provider XianLife has raised an eight-figure sum from investors including Megvii and SBI Investment.
Beijing XianLife E-Commerce, a China-based business-to-consumer food retailer, has raised an undisclosed amount from investors including facial recognition technology provider Megvii, China Money Network has reported.
The round, sized in the eight-figure dollar range, included a South Korean consortium led by SBI Investment, part of financial services provider SBI, that also contained investment vehicles for telecoms technologies provider K-Net, financial services firm Woori Bank and Korea Investment Partners.
XianLife was founded in 2014 to provide operational and integrated solutions to…