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Freshhema is a fresh delivery service platform, dedicated to providing users with fresh groceries for both in-store dinning and delivery.
Announcement Date | Funding Round | Funding Raised | Lead Investor(s) |
---|---|---|---|
Mar. 6, 2016 | Series A | 150.00M | Alibaba Group |
Freshhema, the trailblazer of the 'new retail' concept initiated by Alibaba, is marching on the hot pot market. The most likely to be standardized cuisine in China is expected to bring some warmth to the Freshhema with new ideas.
Benlai.com’s success in the otherwise unstable online/offline grocery market is underpinned by a USD 200 million investment. The biggest actor in this round of funding is China’s second largest delivery service company, SF Express.
Alibaba-owned 'fresh e-commerce chain' carried out a delivery and distribution cooperation agreement with an online-pharmacy giant, Yao123.com, marking the first marriage of the new-retail and new-healthcare in China.
Freshhema ranks eighteenth in all Fast-Moving Consumer Goods (FMCG) companies with an annual sales revenue of CNY 14 billion, with franchise stores up to 149.
With a timely adjustment of expanding strategy and a strong supply chain and service solutions backing by Yiguo, Hema will remain its leading position in the new retail market.
Fresh Hippo announced its closing its first store in Suzhou Kunshan Plaza as Alibaba's grocery e-commerce rapidly expands.
Perhaps Miss Fresh and Fresh Hippo can win against Amazon Fresh is partnering with local brick-and-mortars, efficient use of technology in controlling their upward supply chain, and understanding the modern U.S consumer.
Yonghui Supermarket released its 2018 annual report where its consolidated net income attributable to shareholders of listed companies had an 18.52% YOY decrease.