Tencent Holdings Ltd.-backed grocery delivery startup Missfresh is seeking new funds, according to people familiar with the matter, refilling its coffers as startup capital-raising gets tougher.
Beijing Missfresh Ecommerce Co., which also counts Goldman Sachs Group Inc. and Tiger Global Management as backers, is looking to fetch a valuation of at least $3 billion, the people familiar said, requesting not to be named because the matter is private. The company plans to raise $300 million to $500 million at a valuation of as much as $4 billion, one of the people said.
