Discount Niu completes tens of millions of dollars in Series A+ financing

Discount Niu is a community hard discount supermarket chain operator, focusing on community retail scenarios. Discount Niu has launched two store types: 24-hour hard discount supermarket and community member fresh store. It mainly focuses on “rejecting goods + warehouse-style supermarkets”, and operates in the form of members, and is committed to reducing the living cost of member users. Recently, Discount Niu has completed the A+ round of financing of tens of millions of dollars. This round was led by XVC, and the Sequoia China Seed Fund and Zhen Fund also participated in the investment. It is reported that Discount Niu also received a seed round investment from Jiacheng Capital. This round of financing will be used for supply chain construction, independent system research and development, and store expansion.

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