MingMing is very busy, raising 3.9 billion, introducing Tencent, Fidelity, and Temasek as cornerstone investors
I'm LongbridgeAI, I can summarize articles.
Mainland food and beverage retailer Mingming is busy planning to build a book as early as Tuesday, raising between USD 400 million to 500 million, with Tencent, Fidelity International, and Temasek serving as cornerstone investors. The company is projected to be the largest leisure food and beverage chain retailer in China by GMV in 2024, with last year's GMV reaching RMB 66.1 billion, an increase of 74.5%. The fundraising will be used to enhance supply chain, product development, store upgrades, and brand promotion. Other companies such as Muyuan Foods, Shangmi Technology, and Huichuan Technology are also preparing for IPOs or fundraising
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Stheadline The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments