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July 23, 2020 06:44 am GMT

Missfresh racks up $495 million in funding as Chinas e-grocery booms

The COVID-19 lockdown around the world introduced online grocery to many shoppers for the first time, boosting an industry that had long drawn skepticism. In China particularly, the older generations often worry about buying perishable food without scrutinizing them in person. Still, venture investors are bullish on the future of online grocery. One beneficiary is […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/oDJUEDBKxS4/

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