Farmmi Testing Offline Stores to Expand Brand Presence and Revenue Growth
Farmmi, INC. - Ordinary Shares (FAMI)
US:NASDAQ Investor Relations:
prnewswire.com/news-releases/farmmi-inc-announces-pricing-of-initial-public-offering-300600088.html
Company Research
Source: PR Newswire
LISHUI, China, Aug. 12, 2019 /PRNewswire/ -- Farmmi, Inc. (NASDAQ: FAMI), a leading agriculture products supplier in China, today announced it is testing offline stores to expand its brand presence and revenue growth. As part of the effort, the company is testing two brick and mortar stores using its Farmmi Baba brand. The initial brick and mortar stores are located in Hangzhou in the Puyan agricultural market in the Binjiang District and the Dinghai agricultural market in Jianggan District.Yefang Zhang, Farmmi's Chairwoman and CEO, stated, "We are always working to increase brand awareness of our e-commerce platform and seeking to expand our profitable growth. As has been seen in other product categories, physical stores can play a hand-in-hand role in the success of online e-commerce platforms as consumers can gain higher confidence by seeing and trying products before buying. In our case, we are able to open a physical presence on a very cost effective basis because the stores
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Sec Filings
- 4/26/24 - Form 6-K
- 2/5/24 - Form 6-K
- FAMI's page on the SEC website