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CHINA BRIEF | Tencent-backed grocery app Xingsheng Youxuan to close USD 800 million pre-IPO round

Xingsheng Youxuan leverages group-buying to provide groceries at bargain prices to residents who live near to each other.

1 min read
  • Four independent directors have also been added to the board.

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    CHINA BRIEF | Luckin appoints logistics veteran Guo Jinyi as new CEO and chairman

    1 min read

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