Chinese Online Grocery Apps Aim To Raise $500 Million Each With U.S. IPOs

Two Chinese online grocery delivery apps are heading for public listings in the U.S. that could raise $500 million each to bolster their war chests at a time when tech giants like Meituan and Pinduoduo, among others, are joining the fray.

Source: https://www.forbes.com/sites/zinnialee/2021/06/10/chinese-online-grocery-apps-aims-to-raise-500-million-each-with-us-ipos/

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