Business Intelligence on Retailing, Franchising, and Consumerism in China

Chinese Fruit Website Gains USD70 Million Additional Investment

Chinese fresh fruit e-commerce provider announced that the company has completed its series C financing of USD70 million.

The B2C e-commerce giant led the investment, and SIG and Clearvue participated.

According to, the new investment will be used for its basic construction, team construction, nationwide business expansion, and upstream supply chain construction.

With the investment, JD will further improve its market reach. In the future, can be an important supplier to JD's online fruit channel. Meanwhile, JD can provide logistics support to to help the company expand market share across China.

Shen Haoyu, chief executive officer of JD, said that e-commerce will become a major channel for fruit and fresh food consumption in China in coming years. The investment in will benefit JD's in-depth development in the vertical sector and enhance their platform position.

Founded in 2009, is an early starter in the Chinese fruit and fresh food e-commerce market. It has years of experience in cold chain distribution and supply operation and claims to have realized a profit. The company completed its series A financing in 2013 and series B in 2014.

Image Credit: Images By Kenny

Be the first to comment on "Chinese Fruit Website Gains USD70 Million Additional Investment"

Leave a comment

Your email address will not be published.


  Other China News

AutoNavi, Delphi Reach Deal

Hisense's Net Profit Down 47.39% In First Three Quarters Of 2017

Airbnb China Head Resigns

DMG To Buy China Rights Of Forbes Brand


Chinese Electric Bus Manufacturer Lands USA Deal

American Electric Car Manufacturer To Build In China

U.S. Clean Water Company Makes Chinese Inroads

GE Will Promote Wind Power Through New Chinese Education Center

JD To Build Global Logistics Headquarters In Xi'an

Wumart, AGS Sign Agreement For Seafood Direct Procurement

India Gains Second Factory From China's Xiaomi

85% of Indian Staff To Lose Jobs At China's LeEco