Adia Nutrition (ADIA.PK) Enters China
May 02 2012 - 8:30AM
Marketwired
Adia Nutrition, Inc (PINKSHEETS: ADIA) is pleased to announce that
they have just entered the e-commerce business in China with a new
partner 360buy.com and will now be an official supplier to the
Chinese online retailer. "We are happy to announce that they placed
their first order yesterday and you can now purchase Adia Nutrition
probiotic 'On the Go' powders and chews in China on their website:
http://www.360buy.com/product/619099.html. We have spent
considerable time evaluating the probiotics market in China, and we
think our powders and chews offer superior taste, efficacy and
value than many of the competitors. We are thrilled to be selling
Adia Nutrition products in the world's fastest growing market,"
says Adia CEO Wen Peng.
360buy.com is the e-commerce leader in China. 360buy.com has
raised $1.5 billion in funding from sources that include Digital
Sky Technology, Tiger, Walmart and Sequoia. According to Alexia
Tsotsis of TechCrunch, the e-Commerce industry in China saw $79
billion (520 billion yuan) in sales last year, and 360buy.com
itself made an estimated $1.7 billion in sales in 2010.
Adia CEO Wen Peng added, "As we've expanded our distribution
partners, we have been approached by distributor and retailers from
around the world. We feel that 360buy.com gives Adia Nutrition the
best online platform in China and we are delighted to be working
with them."
About 360buy.com
360buy.com (also known as Jingdong Mall) is the largest B2C
online retailer in China with over 35 million registered users and
more than 8000 suppliers. 360buy offers a complete category of
products and convenient delivery services to customers. 360buy has
built a superior reputation in the E-Commerce field and won a large
group of loyal customers in China. Since it started online
retailing in 2004, 360buy keeps growing on an average rate of over
200% per year. Investors include some of the largest global
investment firms and Walmart, the world's largest retailer.
About Adia Nutrition, Inc.
Adia Nutrition, Inc. (PINKSHEETS: ADIA) is a company
specializing in great tasting and shelf stable probiotics.
Currently, Adia offers four flavors of probiotic drink powders and
two flavors of probiotic chews. Adia sells their product across the
country and can be found in health clubs, independent pharmacies
and health food stores. For more information, visit our website at
www.adianutrition.com. In states and countries where Adia does not
yet have retail distribution partners you can find Adia online.
According to a market research report titled 'Probiotics Market,'
published by Markets and Markets (www.marketsandmarkets.com), the
global probiotics market is expected to be worth US$ 32.6 billion
by 2014. Moreover, the global market is expected to record a CAGR
of 12.6%.
For more information, visit our website at
www.adianutrition.com.
Forward-Looking Statements
This press release may contain forward-looking statements. The
words "believe," "expect," "should," "intend," "estimate," and
"projects," variations of such words and similar expressions
identify forward-looking statements, but their absence does not
mean that a statement is not a forward-looking statement. These
forward-looking statements are based upon the Company's current
expectations and are subject to a number of risks, uncertainties
and assumptions. The Company undertakes no obligation to update any
forward-looking statements, whether as a result of new information,
future events or otherwise. Among the important factors that could
cause actual results to differ significantly from those expressed
or implied by such forward-looking statements are risks that are
detailed in the Company's filings, which are on file with the U.S.
Securities and Exchange Commission (SEC).
Contact Investor Relations Adia Nutrition, Inc. Director of
Investor Relations Michael Matsie Email Contact (949) 945-5384
Adia Nutrition (PK) (USOTC:ADIA)
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