Consumer Staples Aug 12, 2020 06:18 PM (GMT+8) · EqualOcean
On August 11, Nongfu Spring and Pinduoduo announced that they had reached strategic cooperation. Nongfu Spring will open an official flagship store in Pinduoduo and list all its products. Pinduoduo will provide resource support such as '10 billion subsidies' and 'limited time spike.' According to Pinduoduo, on the first day of launch, the flagship store achieved a single store turnover of CNY 2.8 million, and the sales volume of Nongfu Spring's NFC juice series exceeded 33,000.
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