MissFresh Launches in Ningbo, Adding 17th City as National Expansion Gains Pace
Missfresh Limited - American Depositary Shares (MF)
Company Research
Source: PR Newswire
NINGBO, China, July 31, 2021 /PRNewswire/ -- MissFresh Limited ("MissFresh" or the "Company") (NASDAQ: MF), an innovator and leader in China's neighborhood retail industry, has launched its Distributed Mini Warehouse-supported fast home delivery operations in Ningbo, offering a range of more than 4,300 products to be delivered in 39 minutes on average. With this latest expansion, MissFresh strengthens its Distributed Mini Warehouse (DMW) network – which integrates warehousing, sorting and distribution to streamline the retail distribution chain – in East China and now operates in 17 first- and second-tier cities.According to the City Ranking for Business Attractiveness 2021 by the Yicai Big Data Project, Ningbo and 14 other cities were included on the "New First-tier Cities List". With a population of more than 9.4 million, there is high demand in Ningbo for convenient online shopping and fast home delivery of high-quality fresh produce and fast-moving consumer goods. MissFresh's laun
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