Beijing-based Yunshan Information Technology, operator of fresh food B2B m-commerce platform Meicai, has announced completion of USD 200 mln Series D funding from an undisclosed investor.
Meicai has constructed more than 20 warehouses across China with sections for fresh and cold storage. The storage centers employ systematized management with integrated functions for packaging, sorting, storage, delivery, inspection, and information processing. Meicai employs over 4,000 delivery personnel as part of its self-operated logistics team.
Editor's Note: For more information on this topic, please see "Mobile B2B Fresh Food Services Meicai, Fandian Lianmeng Merge," MD 10/22/15 issue.