Dim Sum Bureau of MOMO (or MOMO in short), a fast-growing Chinese bakery chain, has completed a new round of financing of millions of RMB, which is exclusively invested by DragonBall Capital. The new funds will be used for product R&D, improvement of supply chain system, store expansion, talent system construction, brand awareness, and marketing.
MOMO has secured 5 rounds of financing worth over 200 million RMB (US$30.7 million). In June this year, The company has already received . . .