ECMOHO CEO Delivered a Speech about How Technology Helps Accomplish High Growth of the Mother and Childcare Products Industry at the 2019 China Mother and Child Entrepreneurs Summit
ECMOHO Limited - American Depositary Shares (MOHO)
Company Research
Source: GlobeNewswire
SHANGHAI, China, Jan. 09, 2020 (GLOBE NEWSWIRE) -- Ms. Zoe Wang, Founder and Chief Executive Officer of ECMOHO Limited ("ECMOHO" or the "Company"; Nasdaq: MOHO), a leading integrated solutions provider in the rapidly growing non-medical health and wellness market in China, today gave a speech at the 2019 China Mother and Child Entrepreneurs Summit in Beijing about how technology can help to accomplish high growth in the mother and childcare products industry. In her speech, Ms. Wang stated the following major points: China’s health and wellness market is projected to reach RMB 9.9 trillion by 2023 according to industry researcher Frost & Sullivan. The Company believes that trustworthy content generation and distribution address the needs of consumers and creates a loyal base. By providing high-quality content and products, the Company achieved a repurchase rate of 35% among its approximately 8 million paying customers, in 2019, much higher than the generally acknowledged industry
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