51 financing rounds in consumer sector in February, unmanned retail attracts investment According to incomplete statistics from Yilan Business, there were 51 financing events in the new consumer sector in February, with a total financing amount of 3.979 billion yuan. Compared with January, financing increased by 22 events, a month-on-month increase of 75.86%. The "channel" category had 15 financing events totaling 2.336 billion yuan. Among them, 5 financing events involved unmanned retail, amounting to 148 million yuan. (Yilan Business) Gome expects 2022 sales revenue to decline by over 50% year-on-year Recently, Gome announced on the Hong Kong Stock Exchange that due to the adverse operating conditions disclosed in previous announcements, the group's business has also been affected. It is expected that sales revenue in 2022 will decline by approximately 55%-65% compared with the same period last year. (Beijing Business Today) Yonghui's operating net profit in first two months of 2023 reaches 860 million yuan On the evening of March 12, Yonghui Superstores released an announcement on its main operating data for January to February 2023. According to preliminary calculations, the company achieved an operating net profit of approximately 860 million yuan in the first two months of 2023, a year-on-year increase of about 14%, and a net profit attributable to shareholders of approximately 820 million yuan, a year-on-year increase of about 70%. (Huanqiu.com) "Three Foxes" ordered to pay 60,000 yuan in compensation for infringement According to Qichacha, the first-instance judgment in the trademark infringement dispute between snack food company Three Squirrels Co., Ltd. and Henan Three Foxes Food Co., Ltd. and Henan One Fox Industrial Co., Ltd. was recently published. The plaintiff "Three Squirrels" won the case, and the two defendants were ordered to pay 60,000 yuan in compensation. (Retail Circle) Budweiser (China) Sales Co., Ltd. becomes judgment debtor with execution target of 2.48 million yuan According to the China Enforcement Information Public Network, on March 9, Budweiser (China) Sales Co., Ltd. was added as a judgment debtor with an execution target of over 2.48 million yuan, with the execution court being Wuhan Hanyang District People's Court. The company was established in April 2005 with a registered capital of 50 million yuan and is wholly owned by Anheuser-Busch InBev Holdings Co., Ltd. (Interface News) Foreign food giants' 2022 performance released: steady growth Recently, seven foreign food giants, including Coca-Cola, PepsiCo, Nestlé, and Orion, have successively announced their 2022 results. Overall, in 2022, foreign food giants saw significant performance growth, with steady improvement, and their performance in the Chinese market was also commendable. (Lianshang.com) Wanglaoji and BSN complete signing to build "Greater Bay Area Computing Center" On March 12, Guangzhou Wanglaoji Pharmaceutical Co., Ltd. announced that it has officially become an operator of the BSN-DDC basic network city computing center, a public distributed cloud service network, and will build the "Greater Bay Area Computing Center." After the construction of the computing center is completed, Guangzhou Wanglaoji Pharmaceutical will utilize the technical capabilities brought by the BSN-DDC basic network and computing center to help it launch new business attempts based on its original business. (Interface News) JD Super's 2022 bestseller report: prepared dishes have a compound growth rate of over 120% in the past three years Recently, JD Super released the "2022 JD Super Bestseller Trend Report." The report shows that JD Super's prepared dishes have achieved a compound growth rate of over 120% in the past three years, with a growth rate exceeding 100% in 2022. (NetEase News) Foshan introduces its first Sam's Club store Recently, the first phase of the Foshan Lunjiao Gold and Jewelry Innovation Ecological City project officially started construction, and the project will introduce Foshan's first Sam's Club store. It is understood that the project has a planned total area of about 1,600 mu and is jointly built by Shenzhen Jinyafu Group, Liufu Jewelry, and Chow Tai Fook, all among China's top 500 enterprises, with a total planned investment of over 30 billion yuan. (Retail Circle)
Capital, Earnings & M&A
FMCG Daily | 51 financing rounds in consumer sector in February; Gome expects 2022 sales revenue to drop by over 50%...
In February, the consumer sector saw 51 financing rounds totaling 3.979 billion yuan, with unmanned retail attracting significant investment. Gome expects its 2022 sales revenue to decline by 55%-65% year-on-year.
