China's oatmeal brand Wangbaobao raises $14.1m in Series B

China's oatmeal brand Wangbaobao raises $14.1m in Series B

Photo by Margarita Zueva on Unsplash

Chinese oatmeal brand Wangbaobao has completed raising approximately RMB100 million ($14.1 million) in a Series B round, as its sales surged more than three times amid the Covid-19 pandemic outbreak.