Linji
邻几
Linji Convenience Store (邻几便利店) is a Chinese convenience-store chain founded by Liu Zhongjian, who brought more than 20 years of industry experience to the venture . Source Code Capital led and sole-invested the company's Series A in 2018, then continued to increase its stake in a $30 million Series B led by Capital Today in April 2019 — by which point the store count had grown tenfold from the 20 locations it had at the time of the initial investment . Source Code Capital partner Kaisi Chang, who sits on Linji's board, led the firm's involvement in the company . The chain was roughly a year old at the time of the Series B .
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Coverage
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