On the Record · Missfresh
Missfresh acquisitions, on the record
The businesses Missfresh bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
convenience go vending machine businessWord for word“In August 2022, we entered into a business and asset transfer agreement to sell our business and assets relating to “convenience go” vending machine business, including all assets and patents owned by Beijing Bianligou, Jinan Bianligou and other related subsidiaries, to a third party for an aggregate consideration of up to RMB18.0 million in cash.” 20-F for 2021 | agreed divestiture | In August 2022 | up to RMB18.0 million in cash |
Beijing MissfreshWord for word“In December 2018, we terminated the contractual arrangements with Beijing Missfresh and its shareholders as the businesses operated by Beijing Missfresh were no longer prohibited or restricted for foreign ownership under PRC laws and regulations, and then Missfresh HK Limited acquired 100% of the equity interests in Beijing Missfresh.” 20-F for 2021 | acquisition | December 2018 | — |
Jinan BianligouWord for word“In May 2019, Missfresh HK Limited acquired 100% of the equity interests in Jinan Bianligou as a result of our business and equity restructuring.” 20-F for 2021 | acquisition | May 2019 | — |
Beijing BianligouWord for word“In December 2020, we terminated the contractual arrangements with Beijing Bianligou and its shareholders as the businesses operated by Beijing Bianligou were no longer prohibited or restricted for foreign ownership under PRC laws and regulations, and Missfresh HK Limited acquired 100% of the equity interests in Beijing Bianligou.” 20-F for 2021 | acquisition | December 2020 | — |
Beijing Meiriyitao Share Science Technology Co., Ltd.Word for word“We have in the past invested in or acquired additional assets, technologies or businesses that are complementary to our existing businesses, such as Beijing Meiriyitao Share Science Technology Co., Ltd.” 20-F for 2021 | acquisition | — | — |
Mejoy Infinite LimitedWord for word“In August 2023, we entered into a share purchase agreement with Mejoy Infinite Limited and its shareholder to purchase all ordinary shares of Mejoy Infinite Limited held by its shareholder at a total consideration of US$12.0 million in cash (the “Share Purchase Agreement for Business Acquisition”).” 20-F for 2022 | agreed acquisition | August 2023 | US$12.0 million in cash |
“convenience go” vending machine business and related assetsWord for word“In August 2022, we entered into a business and asset transfer agreement to sell our business and assets relating to “convenience go” vending machine business, including all assets and patents owned by Beijing Bianligou, Jinan Bianligou and other related subsidiaries, to a third party for an aggregate consideration of up to RMB18.0 million in cash.” 20-F for 2022 | agreed divestiture | August 2022 | up to RMB18.0 million in cash |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) |
|---|---|
| 2021-12-31 | −$82,000 |
Read from Missfresh’s annual reports (20-F for 2022, 20-F for 2021) and the financial data it files with the SEC, as of 2023-08-03. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.