Industry Newsroom

Dragon Ball Capital and CDH Investments Lead USD56m Series C for Chinese Food Distribution Platform Lehe

Dragon Ball Capital, the VC arm of Meituan-Dianping, and China-focused private equity firm CDH Investments led a USD56m Series C for China-based food and ingredient distribution platform Lehe Food, with participation from Guangzhou Hezhi Investment Management. Dragon Ball Capital and Hezhi previously invested in the company’s USD14m Series B in October 2019. Read more