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Jul 22, 2021 09:07 AM (GMT+8) · EqualOcean
Recently, seesaw, a boutique coffee brand, has completed a + round of financing of over 100 million yuan. This round is led by Xi Cha and followed by Hony Baifu, an old shareholder. The funds will be used for national store expansion, supply chain construction and digital construction. There are several important points in their joint efforts: first, this is the first investment that Xicha has announced, and it is also the first time that Xicha has entered the coffee track. Second, the refinancing of seesaw coffee after four years -- in 2017, seesaw received 45 million round a financing from Hony Baifu.

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