Bloomberg: investors rated the Chinese startup for the sale of Meicai vegetables at $ 2.8 billion

The Chinese Meicai start-up, which helps farmers sell vegetables to restaurants, attracted $ 450 million from a group of investors led by the funds of Tiger Global Management and China Media Capital. During the round, the company was valued at $ 2.8 billion, reports Bloomberg referring to sources close to the deal.

Meicai was founded in 2014, the company develops a service through which restaurants can order vegetables directly from farms. According to their own data, about 10 million small and medium-sized establishments cooperate with the project.

The Meicai round underscores that Chinese companies get the highest marks on the venture market, Bloomberg notes. According to the research company Preqin, in 2017, five of the world's 10 largest venture trades fall on Chinese companies. Over the past year, companies from China attracted a total of $ 65 billion of investment, the largest deal was a round of taxi service Didi Chuxing for $ 5.5 billion with an estimate of $ 50 billion in April 2017.