About Missfresh
Missfresh is a company based in Beijing (China) founded in 2014 by Xu Xiaohui, Xu Zheng, and Zeng Bin.. Missfresh has raised $1.7 billion across 13 funding rounds from investors including Tencent, Goldman Sachs and China Renaissance Group. Missfresh operates in a competitive market with competitors including Deliveroo, Womai, Dingdong Maicai, Benlai and Yiguo, among others.
- Headquarter Beijing, China
- Founders Xu Xiaohui, Xu Zheng, Zeng Bin
- Stage Public
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Missfresh Limited
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Annual Revenue
$410.07 M-61.96as on Dec 31, 2022
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Net Profit
$-224.38 M65.28as on Dec 31, 2022
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EBITDA
$-178.94 M69.1as on Dec 31, 2022
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Total Equity Funding
$1.7 B (USD)
in 13 rounds
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Latest Funding Round
$29.64 M (USD), Post-IPO
Jul 15, 2022
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Investors
Tencent
& 21 more
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Employee Count
Employee Count
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Acquired by
(Aug 23, 2022)
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IPO & Listings of Missfresh
Missfresh is a publicly listed company on the OTC with ticker symbol MFLTY in USA, operating in the Retail trade sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Funding Insights of Missfresh
Missfresh has successfully raised a total of $1.7B across 13 strategic funding rounds. The most recent funding activity was a Post-IPO round of $29.64 million completed in July 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 13
- Last Round Post-IPO — $29.6M
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First Round
First Round
(01 Dec 2014)
- Investors Count 22
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2022 | Amount | Post-IPO - Missfresh | Valuation |
investors |
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| Mar, 2022 | Amount | Post-IPO - Missfresh | Valuation |
investors |
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| Dec, 2020 | Amount | Series F - Missfresh | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Missfresh
Missfresh has secured backing from 22 investors, including venture fund and institutional investors. Prominent investors backing the company include Tencent, Goldman Sachs and China Renaissance Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Founded Year | Domain | Location | |
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Venture and private equity investments are managed with global diversification.
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Founded Year | Domain | Location | |
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Venture capital investments are provided by Sofina to emerging companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Missfresh
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Missfresh
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Missfresh Comparisons
Competitors of Missfresh
Missfresh operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Deliveroo, Womai, Dingdong Maicai, Benlai and Yiguo, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Platform offering food and grocery delivery services
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| domain | founded_year | HQ Location |
Imported groceries are retailed online by Womai to Chinese consumers.
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| domain | founded_year | HQ Location |
Online retailer of grocery products
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| domain | founded_year | HQ Location |
Premium groceries are ordered through an online platform.
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| domain | founded_year | HQ Location |
Grocery supplies are retailed online by Yiguo.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Missfresh
Frequently Asked Questions about Missfresh
When was Missfresh founded?
Missfresh was founded in 2014.
Where is Missfresh located?
Missfresh is headquartered in Beijing, China.
Who is the current CEO of Missfresh?
Xu Zheng is the current CEO of Missfresh. They have also founded this company.
Is Missfresh a funded company?
Missfresh is a funded company, having raised a total of $1.7B across 13 funding rounds to date. The company's 1st funding round was a Series F of $306.01M, raised on Dec 01, 2014.
What is the annual revenue of Missfresh?
Annual revenue of Missfresh is $410.07M as on Dec 31, 2022.
What does Missfresh do?
Founded in 2014 and headquartered in Beijing, China, Missfresh operates an app-based e-commerce platform in the grocery sector. A wide range of products, including snacks, cooking oil, beverages, dairy items, fruits, vegetables, grains, and meat, is provided to customers. The service focuses on online ordering and delivery within urban areas, supporting daily essentials for households across multiple categories.
Who are the top competitors of Missfresh?
Missfresh's top competitors include Deliveroo, Dingdong Maicai and Benlai.
Is Missfresh publicly traded?
Yes, Missfresh is publicly traded on OTC under the ticker symbol MFLTY.
Who are Missfresh's investors?
Missfresh has 22 investors. Key investors include Tencent, Goldman Sachs, China Renaissance Group, Poly Group Corporation, and Shanxi Donghui Group.
What is Missfresh's ticker symbol?
The ticker symbol of Missfresh is MFLTY on OTC.