Grocery Startup Missfresh Closes In on $500 Million Fundraising
- Missfresh closed a second tranche of fundraising recently
- Goldman, Tiger, Jeneration Group are existing investors
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Tencent Holdings Ltd.-backed Missfresh is on the verge of closing $500 million of new financing to quicken expansion after the Covid-19 outbreak bolstered demand for fresh groceries, people familiar with the matter said.