HANGZHOU, China, Jan. 7, 2022 /PRNewswire/ -- Yunji Inc. ("Yunji"
or the "Company") (NASDAQ: YJ), a leading membership-based social
e-commerce platform, today announced the launch of its private
label Qingziyang ("the Brand") brand probiotics bolus solid
beverage (the "Beverage"). The Beverage, with winner of the 2013
Nobel Prize in Physiology or Medicine Dr. Randy W. Schekman as honorary chief scientific
adviser, was an immediate bestseller, as customers purchased 55,000
boxes in only forty seconds.
Qingziyang develops healthy and nutritious food for women and
has partnered with leading companies in the probiotics industry,
including IFF, a global leader in value-added ingredients, Wecare,
a high-tech probiotics producer, and Yuanyi, a provider of robotics
and automated production equipment, to jointly develop and produce
the Beverage. The Brand utilizes cutting-edge preservation
technology to ensure that the Beverage's six strains of patented
probiotics can be effectively absorbed by the human body, helping
restore the gut's natural balance of bacteria and improving
digestive health. Yunji leverages its supply chain capabilities to
ensure the safety of the Beverage, which is produced in a sterile
environment on an automated production line.
Shanglue Xiao, Founder and CEO of Yunji, commented, "As an
extension to our existing range of megahit products with billions
of sales per year, the successful launch of the probiotic Beverage
is further evidence of the success of our strategy of cultivating
megahit products across all categories. Biotechnology is one of the
industries of the future, and we are committed to further
developing our capabilities so as to continue to deliver healthy
and nutritious products to consumers. We all look forward to seeing
Qingziyang become a leading force in the evolution of the health
industry."
Safe Harbor Statements
This announcement contains forward-looking statements. These
statements are made under the "safe harbor" provisions of the U.S.
Private Securities Litigation Reform Act of 1995. These
forward-looking statements can be identified by terminology such as
"will," "expects," "anticipates," "aims," "future," "intends,"
"plans," "believes," "estimates," "confident," "potential,"
"continue" or other similar expressions. Among other things, the
quotations from management in this announcement, as well as Yunji's
strategic and operational plans, contain forward-looking
statements. Yunji may also make written or oral forward-looking
statements in its periodic reports to the U.S. Securities and
Exchange Commission (the "SEC"), in its annual report to
shareholders, in press releases and other written materials and in
oral statements made by its officers, directors or employees to
third parties. Statements that are not historical facts, including
but not limited to statements about Yunji's beliefs and
expectations, are forward-looking statements. Forward-looking
statements involve inherent risks and uncertainties. A number of
factors could cause actual results to differ materially from those
contained in any forward-looking statement, including but not
limited to the following: Yunji's growth strategies; its future
business development, results of operations and financial
condition; its ability to understand buyer needs and provide
products and services to attract and retain buyers; its ability to
maintain and enhance the recognition and reputation of its brand;
its ability to rely on merchants and third-party logistics service
providers to provide delivery services to buyers; its ability to
maintain and improve quality control policies and measures; its
ability to establish and maintain relationships with merchants;
trends and competition in China's
e-commerce market; changes in its revenues and certain cost or
expense items; the expected growth of China's e-commerce market; PRC governmental
policies and regulations relating to Yunji's industry, and general
economic and business conditions globally and in China and assumptions underlying or related to
any of the foregoing. Further information regarding these and other
risks is included in Yunji's filings with the SEC. All information
provided in this press release and in the attachments is as of the
date of this press release, and Yunji undertakes no obligation to
update any forward-looking statement, except as required under
applicable law.
About Yunji Inc.
Yunji Inc. is a leading social e-commerce platform in
China that has pioneered a unique,
membership-based model to leverage the power of social
interactions. The Company's e-commerce platform offers high-quality
products at attractive prices across a wide variety of categories
catering to the day-to-day needs of Chinese consumers. In addition,
the Company uses advanced technologies including big data and
artificial intelligence to optimize user experience and incentivize
members to promote the platform as well as share products with
their social contacts. Through deliberate product curation,
centralized merchandise sourcing, and efficient supply chain
management, Yunji has established itself as a trustworthy
e-commerce platform with high-quality products and exclusive
membership benefits, including discounted prices.
For more information, please visit
https://investor.yunjiglobal.com/
Investor Relations Contact
Yunji Inc.
Investor Relations
Email: Yunji.IR@icrinc.com
Phone: +1 (646) 224-6957
ICR, LLC.
Robin Yang
Email: Yunji.IR@icrinc.com
Phone: +1 (646) 224-6957
View original
content:https://www.prnewswire.com/news-releases/yunji-announces-launch-of-new-private-label-qingziyang-probiotics-beverage-301456074.html
SOURCE Yunji Inc.