Beijing Missfresh E-Commerce Co., Ltd., a grocery delivery startup, is aiming to raise nearly $300 million to $500 million in a fresh round of financing.
Beijing Missfresh expects to secure the new funds from Goldman Sachs Group and Tiger Global Management.
With the proposed funding, the startup is seeking to fetch a valuation of as much as $4 billion.
So far, Beijing Missfresh has collected a total of $1.4 billion in funding over 8 rounds.