Jun 6, 2024

Media OutReach Newswire Freshippo branded goods are now available on the largest Chinese supermarket and e-commerce platform in the US SHANGHAI, CHINA - Media OutReach Newswire - 6 June 2024 - Freshippo's private-label products have recently made their debut at 99 Ranch Market, the largest Chinese supermarket chain in the United States, and Yamibuy, the largest online retailer for Asian goods and groceries in North America. Chinese delicacies, including snacks such as cranberry hawthorn strips and sea salt toffee, condiments including mixed seasoning bags and culinary sauces, and staple foods like sliced noodles and Longkou vermicelli, are among the best-selling products. The launch marks an industry milestone as this is the first time a domestic Chinese supermarket has initiated the large-scale export of their self-branded products overseas. Demonstrating strong product and supply chain capabilities, Freshippo's private-label products, such as Freshippo Daily Fresh, Freshippo Kitchen, and Difresco, have been widely favored by consumers since its introduction in 2017. In 2022, Freshippo's private-label brands ranked first among Chinese retailers with a 41% proactive mention rate and 93% brand awareness. Dietary differences are a significant challenge for Chinese people living abroad and data shows that food is a major category for cross-border online shopping. Before the launch, International Business Team at Freshippo conducted offline research in Chinese supermarkets in the US and Australia. The research revealed that traditional Chinese families prefer authentic Chinese flavors and ingredients for their home cooking needs, while younger Chinese residents are more interested in snacks and instant foods, particularly those that are popular online. "We also found that the seasonings sold in Chinese supermarkets in the US and Australia are mostly single-ingredient, whereas Freshippo's compound seasonings can help Chinese people living overseas more easily prepare complex Chinese dishes." said Yanni XU, Export Manager of International Business at Freshippo. Additionally, Freshippo's snacks also enhance the variety available in these supermarkets, offering consumers a greater range of flavors. In the first week of its launch on Yamibuy, Freshippo's private label products quickly rose to the top of the new product rankings on both the East and West Coast of the US. This is just the first destination in Freshippo's international expansion. Freshippo plans to launch its private-label products in Australia, Singapore, South Korea, and other countries this year. Hashtag: #Freshippo #newretail #technology #alibaba #supermarket #global The issuer is solely responsible for the content of this announcement. Freshippo Freshippo is Alibaba Group's digital intelligence-powered new retail company. Headquartered in Shanghai, Freshippo operates more than 300 stores across 30 cities in mainland China. Freshippo Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release. The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk. To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages. © ZAWYA 2024