HuiMin

HuiMin runs a B2B retail platform that distributes fast-moving consumer goods to community convenience stores and small supermarkets. It combines online and offline resources and offers supply chain management, product upgrading and community store services. It was founded in 2013 and is backed by investors including Fosun Capital, Fortune Capital, CITIC Capital and Jinan Industrial Development Fund. Reported total funding is roughly $520M, including a Series C round in 2019–2020. It acquired the last-mile delivery app Beequick in 2017.