SOURCES: CHINESE ONLINE GROCERY DELIVERY STARTUP XINGSHENG YOUXUAN HAS RAISED $100M FROM TENCENT AT A $5B VALUATION (BLOOMBERG)

Sources: Chinese online grocery delivery startup Xingsheng Youxuan has raised $100M from Tencent at a $5B valuation  —  – Firm receives $100 million from Tencent at $5 billion value  — Grocer also in talks with other investors including Kuaishou  —  Tencent Holdings Ltd. has increased …

There are many people in the world who want to start their own business. However, due to a lack of funds, he or she is unable to launch his or her business because money is the most important factor in business. Why is money so important when starting any business? Lucia Jensen, the CEO of WeLoans knows that people who start a business need a lot of money. So their needs are not fulfilled by relatives. On the contrary, family issues are created. So he set up a brokerage company for people who want to start such a business, which helps people get safe loans in a show.

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