The group has released an encouraging start to the year, benefiting from its industry-leading online-offline integrated model.
With vaccinations ramping-up and the gradual easing of social restrictions, sales between 1 May and 6 June more than doubled compared to Q1 20 and exceed the pre-pandemic level (+5% vs. Q1 19), which leads to a strong recovery trajectory.
We believe the group’s flexible business model and the strengthening both online and offline development will make it best placed to ....
09 Jun 2021
Best placed to benefit from the post-pandemic world
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Best placed to benefit from the post-pandemic world
- Published:
09 Jun 2021 -
Author:
Jie Zhang -
Pages:
3
The group has released an encouraging start to the year, benefiting from its industry-leading online-offline integrated model.
With vaccinations ramping-up and the gradual easing of social restrictions, sales between 1 May and 6 June more than doubled compared to Q1 20 and exceed the pre-pandemic level (+5% vs. Q1 19), which leads to a strong recovery trajectory.
We believe the group’s flexible business model and the strengthening both online and offline development will make it best placed to ....