Wow! Momo Foods, which owns and operates quick-service restaurant (QSR) brands Wow! Momo and Wow! China, has raised $23 million in a Series B funding round led by Tiger Global. It is now looking to build a hybrid operating model through a mix of physical stores in prominent retail locations and cloud kitchens to cater to the growing delivery business.
Tiger Global leads funding in Wow! Momo Foods, valuing it at $120 million
Date posted: Thursday 19 September 2019