Startup Genki Forest Seeks $15 Billion Valuation in New Funding

Genki Forest, a Chinese beverage maker known for its flavored teas and sparkling water, is nearing a deal to raise $500 million in fresh capital at a pre-investment valuation of $15 billion, people familiar with the matter said.

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Genki Forest Said to Seek $15 Billion Valuation in New Funding