Jowell Global Ltd. Launches “Juhao Best Choice” Offline Community Group-Buying Store, Continues to Expand Retail Business...
April 28 2021 - 8:00AM
Jowell Global Ltd. (“JWEL” or the “Company”) (NASDAQ: JWEL), a
company which operates one of China’s leading cosmetics, health and
nutritional supplements and household products e-commerce platforms
Juhao Mall, today announced the Company has officially launched its
“Juhao Best Choice” community group-buying store initiative to
continue growing its offline retail market presence.
The community group-buying offline stores will sell fresh
produce, foods and daily household consumer products in addition to
the cosmetics and health and nutritional supplements currently sold
in the Company’s franchised Love Home Stores (“LHH Stores”). The
community group-buying stores aim to provide a more convenient
shopping experience and high-quality produce and foods for
consumers from local communities, towns and villages across
China.
Juhao Best Choice stores will consolidate online and offline
resources for store design and logistics services and provide
guidance and trainings for store owners with a unified system for
store management, design, service criteria, SKU management and
product delivery. The Company will also provide the store owners
with live-streaming marketing skill training and upgrade and expand
certain existing LHH Stores to Juhao Best Choice stores.
Zhiwei Xu, CEO and Chairman of Jowell Global Ltd., commented:
“As consumer behavior continues to evolve in this new economy era,
we will keep upgrading our management strategies and launch new
business initiatives that match consumer demands and target wider
offline consumer populations to grow our presence in the huge
retail market in China.
Community group-buying e-commerce has been growing rapidly in
China since the end of 2020, and Juhao Best Choice store is to
catch up this new market demand with our Juhao Mall’s brand
recognition among online consumers to consolidate online and
offline resources and help our brand name quickly going from online
to offline. Juhao Best Choice will stick to its slogan of
high-quality, low price and wider coverage to bring best-quality
products to consumers and create a more satisfactory shopping
experience for consumers who would feel their purchases with us
receive good value for the money.”
About Jowell Global Ltd.
Jowell Global Ltd. (the “Company”) operates one of China's
leading e-commerce platforms for cosmetics, health and nutritional
supplements and household products - Juhao Mall. The Company
provides its own brand products to customers and sells and
distributes other companies' health and nutritional supplements,
cosmetics and certain household products on the Juhao Mall
platform. In addition, Juhao Mall allows third parties to open
their own stores on its platform. The Company has also been selling
its products through authorized retail stores all across China,
which operate under the brand name of “Love Home Store” or “LHH
Store”. For more information, please visit
https://www.1juhao.com/.
Forward-Looking Statement
This press release contains forward-looking statements as
defined by the Private Securities Litigation Reform Act of 1995.
Forward-looking statements include statements concerning plans,
objectives, goals, strategies, future events or performance, and
underlying assumptions and other statements that are other than
statements of historical facts. When the Company uses words such as
“may, “will, “intend,” “should,” “believe,” “expect,” “anticipate,”
“project,” “estimate” or similar expressions that do not relate
solely to historical matters, it is making forward-looking
statements. Forward-looking statements are not guarantees of future
performance and involve risks and uncertainties that may cause the
actual results to differ materially from the Company’s expectations
discussed in the forward-looking statements. These statements are
subject to uncertainties and risks including, but not limited to,
the following: the Company’s goals and strategies; the Company’s
future business development; financial condition and results of
operations; product and service demand and acceptance; reputation
and brand; the impact of competition and pricing; changes in
technology; government regulations; fluctuations in general
economic and business conditions in China and worldwide as well as
assumptions underlying or related to any of the foregoing and other
risks contained in reports filed by the Company with the SEC. For
these reasons, among others, investors are cautioned not to place
undue reliance upon any forward-looking statements in this press
release. Additional factors are discussed in the Company’s filings
with the SEC, which are available for review at www.sec.gov. The
Company undertakes no obligation to publicly revise these
forward‐looking statements to reflect events or circumstances that
arise after the date hereof.
For more information, please contact:
Investor Relations:
Janice Wang
EverGreen Consulting Inc.
Email: IR@changqingconsulting.com
Phone: +1 571-464-9470 (from U.S.)
+86
13811768559 (from China)
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