M Stand, an emerging Chinese coffee chain, has raised over 500 million RMB (US$77.3 million) in its Series B financing, jointly led by GenBridge Capital and BA Capital. The new fund will be mainly used to recruit talents, improve the supply chain system and digital platform, and accelerate the expansion of new stores nationwide.
Founded in 2017, the Shanghai-based coffee brand M Stand means “Mind Coffee”, focusing on the . . .
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