- July 6, 2017
- Posted by:
- Category: FundingSMEs.com
Bingobox has raised $14.76 million in Series A funding.
Bingobox was set up in Zhongshan city in Guangdong and launched a testing of completely automated mobile convenience stores last August. It opened its first 24-hour unmanned store in Shanghai last month, offering 20-30 per cent cheaper than 7-Eleven or Lawsons,
The Chinese startup has partnered with French retail firm Groupe Auchan SA to improve the efficiency of its supply chain as well as partnered with Tencent’s WeChat and Alipay for payment system.
|Founder / CEO||Chen Zilin|
|Qiming Venture Partners|