Consumer Staples Oct 09, 2020 04:43 PM (GMT+8) · EqualOcean
Hotpot Brand Huohuowuyu recently completed a CNY 10 million angel round of financing, led by Decent Capital. Lei Yajun, founder and CEO of the company, claimed that fundraised will be mainly used for perfecting product form, supply chain and brand promotion. Huohuowuyu is positioned as a one-stop hot pot barbecue ingredients supermarket, focusing on hot pot barbecue categories, opening community family kitchens through R2C food suppliers, and operating as a chain franchise store.