Haohuanluo responds to Women's Day controversial copy: not intentional, investigation underway On March 8, a Women's Day copy on Haohuanluo's official WeChat account, reading "Women, what do they taste like?", sparked heated discussion among netizens. In response, Haohuanluo's online customer service stated that the article's intention was to convey that women are not to be defined, and that was not the intended meaning. The company is actively reviewing the matter internally and apologizes for any inconvenience. The copy has since been deleted. (Phoenix Net Technology)
Guotai Junan: Beer sector ushers in industry-wide opportunity Guotai Junan released a research report stating that beer sales accelerated ahead of schedule in January-February 2023, with the off-season not being weak. With a low base from March to May, high prosperity is expected to continue. Cost pressures are likely to ease significantly in 2Q23. Product structure continues to upgrade, with large single products ramping up. With three cycles resonating, the beer sector is facing an industry-wide opportunity. (Zhito Finance)
JD Retail: Lower-tier markets take top priority in 2023 According to 36Kr, JD Retail CEO Xin Lijun proposed four must-win battles for JD Retail in 2023 at its commendation conference: lower-tier markets, supply chain middle platform construction, open ecosystem construction, and same-city business. (36Kr)
Uni-President's 2022 revenue increases by 12% On March 8, Uni-President China Holdings Ltd. (hereinafter "Uni-President China") released its 2022 results, showing revenue of RMB 28.257 billion, up 12% year-on-year; beverage revenue increased by 11.3%, and food business revenue increased by 15.6%. Net profit attributable to equity holders was RMB 1.222 billion, down 18.6% year-on-year. (Blue Whale Finance)
Dada Group's total revenue in FY2022 grows 36.4% year-on-year On March 9, Dada Group released its unaudited fourth-quarter and full-year results for fiscal year 2022 ended December 31, 2022. Total revenue for 2022 was RMB 9.37 billion, up 36.4% year-on-year; fourth-quarter total revenue reached RMB 2.68 billion, up 31.9% year-on-year. (Interface News)
Taobao launches zero-deposit store opening On March 8, it was reported that Taobao recently launched a new phase of its "Million New Merchant Plan." New merchants can open stores without paying a deposit, and are also provided with growth incentive benefits from "achieving the first order" to "annual transaction volume reaching RMB 1 million," with a maximum development fund of RMB 4,000. (Financial Street)
Yantang re-receives High-tech Enterprise Certificate Yesterday, Yantang Dairy announced that it received the "High-tech Enterprise Certificate" jointly issued by the Guangdong Provincial Department of Science and Technology, the Guangdong Provincial Department of Finance, and the Guangdong Provincial Tax Service of the State Taxation Administration. This is a re-certification after the expiration of the company's original high-tech enterprise certificate. (Company announcement)
China's February CPI rises 1% year-on-year, PPI falls 1.4% year-on-year On March 9, the National Bureau of Statistics released data showing that China's February CPI rose 1% year-on-year, with the year-on-year increase narrowing by 1.1 percentage points from the previous month, and falling 0.5% month-on-month. In February, the Producer Price Index (PPI) fell 1.4% year-on-year, with the year-on-year decline expanding by 0.6 percentage points from the previous month, and remaining flat month-on-month. (National Bureau of Statistics)
Carlsberg expands use of regenerative barley The Carlsberg Group is advancing regenerative agriculture globally. The beer giant is making significant progress with three pioneer brands in the UK, Finland, and France, aiming to achieve 100% regenerative agricultural practices by 2040. (PR Newswire)
Junlebao Kefir K-10 newly launched Recently, Junlebao officially launched Kefir K-10, providing precise health solutions for all age groups with scientific nutrition. The new product contains 10 types of kefir lactic acid bacteria, with 100 billion live bacteria per bottle, and about 10 hours of extended fermentation, offering a different flavor experience. It is understood that the product specification is 230g per bottle, with a reference price of RMB 109 for 7 bottles. (Food Board)
