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Situated in the Shibei District, the cradle of Qingdao’s industry, commerce and folk culture, Missfresh’s flagship Fresh Market has grown out of a decades-old wet market.
Ever since the coronavirus outbreak, multiple delivery platforms in China have now proceeded with contactless delivery services.
Missfresh, a Chinese fresh food e-commerce platform, plans to sell part of its business of providing business consulting and online shop construction services for merchants of fresh agricultural products, so as to solve one of its operational dilemmas.
MissFresh, a Chinese e-commerce grocery platform, privately submitted its prospectus to the US Securities and Exchange Commission (SEC) a few days ago. The company is expected to go public in mid-June this year, for which it aims to raise more than $500 billion.
All product information on the app of Missfresh, a Nasdaq-listed Chinese retailer, has been emptied out by the firm, and many user balances now display '0'.
Missfresh, a Chinese fresh food e-commerce platform, announced on Friday that it has reached a strategic investment cooperation agreement with Shanxi Donghui Group, which plans to invest equity worth 200 million yuan ($29.58 million).
The app of Chinese grocery e-commerce platform Missfresh now shows that its 30-minute delivery service has been replaced with next-day delivery in Beijing, Tianjin, and Shanghai.
Regarding the rumors of dissolution, Missfresh responded on the afternoon of July 28 that under the larger goal of achieving profit, the company adjusted its business and organization.