‘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.
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Tag: social commerce
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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Smoke & mirrors, not worth the extra cost: 50 US farmers speak out on carbon markets