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Articles by 中食团队

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Capital, Earnings & M&A

1919, Fresh from Alibaba's 2 Billion Yuan Strategic Investment, Plans to Open 3,600 Stores Next Year, Aiming to Reconstruct the 'People, Goods, Scene' of Alcohol Beverages

On October 31, 1919, which had just received a 2 billion yuan strategic investment from Alibaba and become a 'unicorn', released its first annual third-quarter report, with operating revenue reaching 2.928 billion yuan, a new high. Notably, the report also reveals several highlights that, once implemented, could trigger a 'chemical reaction' in the industry. What are the new highlights in 1919's third-quarter report? Revenue growth has significantly narrowed losses, and the platform switch has shown results.

中食团队
Distribution & Channels

A Reminder: 10 Consecutive Days of Applying on Moutai Cloud Platform Without Any Outlet Accepting Orders, Who Is Gaming the 'Price Without Market'?

On August 14, 2017, Moutai (Guizhou Renhuai) Marketing Co., Ltd. issued a notice requiring exclusive stores, special dealers, and self-operated companies to sell over 30% of their unexecuted contract volume through the Moutai Cloud Platform. However, consumers report that after 10 consecutive days of registration, no outlets accept orders, while the wholesale price of Moutai remains around 1650 yuan, exceeding the 1499 yuan limit, highlighting a 'price without market' phenomenon.

中食团队