SHENZHEN MEIXIXI CATERING MANAGEMENT CO.,LTD. announced that it has received $500 million in a round of funding led by existing investors IDG Capital Partners Co., Ltd., DragonBall Capital, fund managed by Meituan Dianping, Investment Arm, and other investors He Boquan, , Sequoia China Investment Management LLP, Shenzhen Qianhai Black Wing Investment Management Co., Ltd., Tencent Holdings Ltd., Investment Arm, returning investor Hillhouse Capital Management, Ltd. and Coatue Management, L.L.C. and other investors on July 13, 2021. The transaction also included participation from Temasek Holdings (Private) Limited, new investor L Catterton Partners and Solareast Holdings Co., Ltd. The transaction was raised at a post money valuation of $9300 million.