Jowell Global Ltd. and Alibaba Group Holding Ltd. Hold Discussion on Cross-Border E-Commerce
May 24 2021 - 8:00AM
Jowell Global Ltd. (“JWEL” or the “Company”) (NASDAQ: JWEL), a
company which operates one of the leading cosmetics, health and
nutritional supplements and household products e-commerce platforms
- Juhao Mall in China, today announced that the Company welcomed a
visit from Alibaba Group Holding Ltd. (NYSE: BABA and HKEX: 9988;
“Alibaba”) on May 20, 2021, which was led by Yongjun Yang,
East China SKA Manager, Alibaba ICBU, to discuss cooperation in
cross-border e-commerce.
During the visit the two parties talked on the topics including
online store traffic management, marketing event organization,
promotion via new media, team management and brand upgrading.
The Company has officially opened its Super Key Account (SKA)
stores early this month on Alibaba International platform in order
to further raise its market profile in cross-border e-commerce.
These stores in operation now include flagship store
(www.juhaoshangcheng1.en.alibaba.com), personal care product store
(www.juhaogh.en.alibaba.com), cosmetics store
(www.juhaomz.en.alibaba.com) and OEM store
(www.juhaooem.en.alibaba.com), through which JWEL aims to gain
access to overseas consumers and further advance its globalization
strategies.
Mr. Zhiwei Xu, CEO and Chairman of Jowell Global Ltd.,
commented: “We most sincerely welcome the cooperative relationship
with Alibaba and will work our best to achieve great sales from our
stores on Alibaba’s platform. E-commerce is about traffic and the
creation of pleasant shopping experience. With Alibaba’s
international platform and our strong brand, we believe JWEL will
be able to further expand its market presence on the international
stage.”
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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