JCC closes RMB40m Series A+ financing round

JCC (jicanchu.com) has recently landed 40 million yuan in Series A+ financing round led by Whales Capital. Existing shareholders Huihe Capital, New Potential Energy Fund, Hecai Fund, and Aqua Ventures also participated.

JCC (jicanchu.com) has recently landed 40 million yuan in Series A+ financing round led by Whales Capital. Existing shareholders Huihe Capital, New Potential Energy Fund, Hecai Fund, and Aqua Ventures also participated.

The proceeds will help to upgrade and transform the company’s e-commerce system, serve the nationwide franchise clients and catering enterprises, drive the restaurant and catering industry to usher in the era of e-commerce, further strengthen the confidence of the upstream and downstream partners, and speed up the implementation of the national business model.

Founded in 2013, JCC is a restaurant supply e-commerce platform for restaurants and catering companies looking for high-quality supplies. The company aims to reduce middleman costs for customers by developing a strong supply chain and direct sales platform.

JCC have covered nearly 14 provinces and more than 600 cities in China, with more than 900,000 direct registered users.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/06/06/jcc-closes-rmb40m-series-a-financing-round/.

Leave a Reply

Please Login to Comment