U.S. investment firm Tiger Global Management LLC and China’s Genesis Capital have led a US$230 million series C+ round in MissFresh, a Chinese fresh produce e-commerce platform in China backed by Tencent Holdings and other investors. The massive funding round came after investors stayed on the sidelines in the fresh produce online shopping space during the past year, while over a dozen fresh produce e-commerce start-ups folded this year due to their cash-burning business model. “We are optimistic about the …

Tiger Global Co-Leads $230M Series C+ In Chinese Fresh Produce E-commerce Platform MissFresh appeared first on China Money Network.