In September 2021, the new Chinese dim sum brand "Momo Dim Sum" has completed its new round of financing of several hundred million yuan, with the exclusive investment of Meituan, and Yuan Qi Capital acting as the long-term exclusive financial advisor.
Momo Dim Sum was founded in 2019, and the brand is positioned as a new Chinese dim sum with classic characteristics. Momo Dim Sum has inherited the ingenuity and hand-made aesthetics of traditional Chinese dim sum crafts in its production, insisting on hand-baked, low sugar and low oil. According to the preferences of young people today, it combines the characteristics of Western-style dim sum, providing rich taste and beauty with youthfulness and creativity to give traditional refreshments a sense of nationality, so that more young generation will fall in love with Chinese dim sum.
Acting as the legal counsel of Momo, we provided legal services in respect of transaction structure design, documentation draft and review, negotiations and communications with all parties, and so on.
