FOXA - Goldman Sachs Tencent Led $450M In Chinese E-Commerce Grocer
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Chinese produce: Goldman Sachs (GS) Investment Partners and Tencent ([[TCEHY]], [[TCTZF]]) led a $450M round in Chinese e-commerce grocer MissFresh, which is majority-owned by Canadian grocer Metro (MTRAF). Jeneration Capital Management, Tiger Global Management, Sofina, and Davis Selected Adviser also participated with a strategic investment from Poly Capital Holdings.
The gross merchandise volume of China’s