RooLife Group Ltd (ASX:RLG) announced that it has successfully secured stocking and distribution for its exclusive brand in China, Remedy Drinks, into Alibaba's 300 high-tech Freshippo supermarkets and stores in China. The company has received its first new orders and delivered the first products. Freshippo is a high-tech supermarket and fulfillment center chain owned by Alibaba Group, which offers an innovative shopping experience by integrating online and offline activities, allowing customers to complete their grocery shopping in person using their smartphones or place delivery orders online.
The new partnership will enable Remedy Drinks to sell its products online through Freshippo's official app and offline through its brick-and-mortar stores located in 27 cities across China. The Remedy Drinks range will be available in over 500 physical points of sale around China, primarily in tier-one and tier-two cities.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.