
Xingsheng Selected
Xingsheng Selected is a Chinese retail company based in Changsha, Hunan. The company operates a chain of convenience stores, which work using the "pre-sale - self-collection" model, where orders are first made through an application and then collected by customers in local grocery stores. The service is available in 16 provinces and more than 1000 counties in China. Over 10 million orders are made daily through the platform.
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Venture Funds Pour Into Hardware as China Curbs Internet Firms
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Still, the year's biggest venture deals -- including ByteDance Ltd.'s $5 billion round and a $3 billion fundraising by grocery startup Xingsheng Selected -- ...
https://www.bloomberg.com/news/articles/2021-08-30/venture-funds-pour-into-hardware-as-china-curbs-internet-firms
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