Mlily
Mlily is the first brand in China to put forward the concept of zero-pressure
Mlily, founded in May, 2003 and headquartered in Rugao, is a mattresses and other household goods manufacturer. The founder is Ni Zhanggen. Listed on the SSE on October 13, 2016, the company's major shareholders are Ni Zhanggen, Wu Xiaofeng and Hongta Securities. Rivals that have direct and indirect competition with Mlily include Mengshen, Airland, Mercury Textile, Mendale, DeRucci, etc.
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We at EqualOcean tracked the major funding rounds or industry events that took place in China's consumption space in January 2023. And the following is a list of deals that we have selected for you, based on a number of criteria, including the funding amount, the financial backers, and the segments in which the companies operate.
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On May 16, 2023, Baidu announced its financial results for Q1 2023. Thanks to the improvement of the macroeconomic situation and the enterprise's continuous measures to reduce costs and increase efficiency, Baidu's profitability improved significantly, with a substantial increase of nearly 50% in net profit.
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