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CICC Leads $495 Million Funding for Tencent-Backed MissFresh

  • Tiger Global, Goldman, Abu Dhabi Capital joins latest funding
  • The pandemic has revitalized a once-struggling groceries arena

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Tencent Holdings Ltd.-backed MissFresh closed $495 million of financing from backers led by China International Capital Corp., underscoring strong investor interest in online commerce and groceries during the pandemic.