• Skip to primary navigation
  • Skip to main content
Hillhouse

Hillhouse

Hillhouse builds businesses that stand the test of time

  • About
    • Strategy
    • Team
    • Contact Us
  • Company Spotlight
  • News & Insights

Hillhouse Invests in Safe Food Supply Chain Platform Caishixian

Posted in Updates on

In November 2018, Hillhouse invested in Caishixian, a subsidiary of Yonghui, China’s largest fresh food grocery chain. Caishixian is a platform focused on creating a safe, efficient and reliable supply chain for businesses in the food industry. We believe that this is a major step forward for the sector, and that it will significantly modernize how companies in China source food.

Sourcing high-quality, safe food ingredients has long been a concern for consumers and businesses in China. We believe that this partnership will be a truly positive force in the industry, providing restaurants, as well as canteens at companies, schools and universities, a reliable source of trusted ingredients. Further, Caishixian will be the country’s first large-scale integrated B2B supplier, which will help resolve industry challenges, including integrating the upstream and downstream portions of a large-scale supply chain, handling non-standard products, and creating greater efficiencies in distribution.

Combining Yonghui’s outstanding supply chain with Hillhouse’s unique ability to use technology and innovation to modernize traditional industries will help make Caishixian an unparalleled platform for businesses to source food. Both consumers and businesses will benefit as they are able to draw upon a broader range of products across the supply chain, achieve greater efficiencies that come with scale, and provide assurances about the safety of the products they are serving and eating. Over the long run, we will be helping to create ecological advantages through a more efficient network, while also creating economic moats through scale and our technical know-how.

This cooperation is a great example of how we can leverage our resources in the areas of technology and retail to make smart investments that also benefit society. We are meeting a clear demand in the market for a high-quality, efficient supply chain solution that will help ensure that Chinese consumers have fresh, safe and diverse options to eat.

Filed Under: Updates Tagged With: E-commerce, Logistics, Supply Chain

Copyright © 2023 Hillhouse • Terms of Use

  • LinkedIn
  • Instagram
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT