China Digest: GeneMind bags funds; online grocer Missfresh sells 88.1% stake for $27m

China Digest: GeneMind bags funds; online grocer Missfresh sells 88.1% stake for $27m

FILE PHOTO: Chinese Yuan banknotes are seen in this illustration picture taken June 14, 2022. REUTERS/Florence Lo/Illustration/File Photo

Guoxin Investment has co-led biotech firm GeneMind’s Series C round, while Nasdaq-listed Chinese online grocer Missfresh has sold an 88.1% stake for $27 million to undisclosed investors.

Edited by: Pramod Mathew