1. JD.com's 10 Billion Subsidy Officially Launched JD.com's 10 billion subsidy officially launched on the JD App at 0:00 on March 6, with the entry point placed in the center of the homepage splash screen, 20 hours earlier than originally planned (8:00 PM on March 6). Products include mobile phones, computer digital products, home appliances, etc. The campaign will be available long-term. (New Distribution)
2. Bestore Plans to Open 1,000 New Stores in 2023 Recently, Bestore disclosed its recent investor relations activity record. In 2023, Bestore plans to open 1,000 new stores, mainly focusing on Central China, South China, East China, Southwest China, and other regions. (Retail Circle)
3. Pinduoduo's Cross-border E-commerce Business to Land in Australia Pinduoduo's cross-border e-commerce business will officially enter Australia and New Zealand on March 13, continuing to promote direct connection between Chinese manufacturing and Australia as well as global markets. Last September, Pinduoduo officially launched its cross-border e-commerce platform TEMU in North America. (Lianshang.com)
4. Yonghui Launches 38 Women's Day Promotion Recently, in response to the "she economy" consumption wave, during the 38 Women's Day period (March 4-8), Yonghui launched an omni-channel promotion with the theme "Thousands of Favor". (Company News)
5. Xiangpiaopiao and Oatly Plan Bottled Beverage Cooperation Recently, representatives of Xiangpiaopiao pointed out to research institutions that the cooperation with Oatly is based on both parties' optimism about the huge market potential of plant-based products represented by oat milk. Therefore, they will cooperate to promote the development of plant-based products and jointly explore market and sales opportunities. (Company News)
6. Li Zi Yuan: Company's Gross Margin Expected to Improve Li Zi Yuan stated during institutional research that in February, with the resumption of work and production after the Spring Festival and the opening of schools, terminal consumer stores opened, and the overall sell-through began to recover. The company is optimistic about its 2023 operating performance. (Company News)
7. Weilong Appoints Company Vice President Weilong recently announced that on March 3, 2023, it established an Overseas Business Development Center and appointed Peng Hongzhi, the company's current Executive Director, CFO, and Senior Vice President, to concurrently serve as the head of the Overseas Business Development Center. (Company Announcement)
8. Jindian Juanshan Organic Milk Launches Spring Customized Packaging On March 3, Jindian Juanshan organic milk launched a spring customized packaging, printing the green grass of the spring pasture on the packaging box, and adding elements such as butterflies, insects, cows, and flowers, making it cute and fresh. (Company Release)
9. Wujiang Pickled Mustard Launches New Products Recently, Wujiang Pickled Mustard released four innovative products: Qinxin Cuicui, Huangjing Pickled Mustard Sauce, Pickled Mustard Instant Soup, and Wujiang Pickled Mustard Sauce. Among them, Qinxin Cuicui is a leisure pickled mustard core product with pickled mustard + fruit flavor, available in four flavors: lychee, mango, lemon, and pineapple, breaking the traditional salty taste of pickled mustard to meet diversified taste needs. (Company News)
10. Beijing's Third Joy City to Open Recently, according to the "Jingxi Joy City" official account, Beijing Jingxi Joy City will open on June 18, with six new catering stores officially announced to enter. It is reported that Jingxi Joy City is Beijing's third Joy City, a "shopping mall + office building" urban complex project, located on the north side of Fushi Road, Shijingshan District. (Lianshang.com)