Magic Box Citybox
Magic Box Citybox provides smart vending machines for offline retailers. The machines can be programmed by store owners to carry out loyalty programs including discounts and other incentives, display targeted user ads and carry out upselling activities. Each machine is equipped with mobile payments, task management and control facilities. Founded in 2016, headquartered in Shanghai, China. The company has raised…
Funding snapshot
About
Magic Box Citybox provides smart vending machines for offline retailers. The machines can be programmed by store owners to carry out loyalty programs including discounts and other incentives, display targeted user ads and carry out upselling activities. Each machine is equipped with mobile payments, task management and control facilities. Founded in 2016, headquartered in Shanghai, China. The company has raised $40.0M in funding at the series b stage. The company operates in Food and Agriculture Tech > Food Tech, Food and Agriculture Tech > Online Grocery, Retail > Autonomous Retail, Retail > Trust Shops. Its business models include Autonomous Retail > Smart Vending Machines > Fully Autonomous, Trust Shops > Smart Vending Machines, Food Tech > Innovative Restaurants > Vending Machines, Online Grocery > Smart Vending Machine >. Founded in 2016. Headquartered in China, Shanghai. The company has raised funding at the Series B stage. Backed by investors including GGV Capital, Yunqi Partners, Blue Lake Capital, Zhen Fund, SIG China.
Business model
Autonomous Retail > Smart Vending Machines > Fully Autonomous,
Trust Shops > Smart Vending Machines,
Food Tech > Innovative Restaurants > Vending Machines,
Online Grocery > Smart Vending Machine > Food > Packaged Snacks > Fully Autonomous
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