Lulu Yilun Chen / Bloomberg:
Chinese grocery app Nice Tuan, which focuses on community group buying and claims to have 15M orders per day, raises $750M led by Alibaba and DST Global — - D.E. Shaw, Anatole, Jeneration Capital invest in grocery app — Nice Tuan also attracts backing from CDH, GGV, Kunlun Capital
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Tuesday, March 30, 2021
Chinese grocery app Nice Tuan, which focuses on community group buying and claims to have 15M orders per day, raises $750M led by Alibaba and DST Global (Lulu Yilun Chen/Bloomberg)
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Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researchers quit via Slack during an all-hands (The Information)
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