The e-commerce platform that provides fresh produce, Benlai, has secured $200 million worth of funding, which is led by Mingde Holding, a shareholder of delivery giant SF Express. The financial, as well as the possible technical infusion, is expected to consolidate the frozen food supply chain of Benlai, facilitating its quality food delivery. This deal suggests a round of industrial resurgence, which has been thought of as a low margin business due to its high attrition rate.
