‘China’s largest ag platform’ reports bumper growth, founder quits for foodtech March 18, 2021 Pinduoduo served 788 million annual active buyers in 2020 – the first time it has overtaken Alibaba in user numbers.
Nice Tuan nets another $80m amid China’s fresh food group-buying hype July 29, 2020 It’s one of several online group-buying platforms for fresh produce in China that has raised major funding from investors in recent months.
Chinese produce platform Tongcheng Life closes $200m Series C round led by livestreaming firm June 11, 2020 The Suzhou-based startup allows customers to group-buy fresh produce directly from farmers by placing orders via WeChat or local stores.
Chilibeli raises $10m at Series A to turn Indonesia’s housewives into fruitsellers April 5, 2020 Chilibeli’s agent network gives housewives the opportunity to re-sell fresh farm produce in their local communities at competitive prices.
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International Fresh Produce Association launches 2023 Fresh Field Catalyst Accelerator program