Alibaba Leads $40M Series C Round In Grocery E-Commerce Start-Up Shandiangou

food788888Alibaba Group Holdings Ltd. has led a RMB267 million (US$40 million) series C round of financing in grocery e-commerce platform Shandiangou, according to Chinese media reports. As part of the investment, Alibaba and Shandiangou will cooperate on traffic flows and logistics. Alibaba users will be able to use Shandiangou in their mobile apps to buy […]


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