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Aplus Capital and Chenshan Capital have invested 125 million yuan (.5 million) in the Beijing-based Xiaomai. The company plans to use the funding to build up its supply chain and upgrade its products and system.

Ant Financial CEO Jing Xiandong said the company serves over 650 million people on a daily basis and its vast reach has evolved over the years.

Any engagement with Pakistan would require an end to cross border terrorism.

Another fresh food delivery app Missfresh has seen its orders surge by 300 percent year on year during the epidemic outbreak, according to Wang Jun, CFO of the company.

Another large deal was the 5-million purchase of the DoubleTree by Hilton Hotel Los Angeles Downtown.