ECMOHO and China Resources Ng Fung Enter into Strategic Partnership in the Sale of High Quality Food
SHANGHAI, China, March 30, 2020 (GLOBE NEWSWIRE) -- ECMOHO Limited ("ECMOHO" or the "Company"; Nasdaq: MOHO) and China Resources Ng Fung, a member of the China Resources Group, have entered into a strategic partnership to introduce high quality food products to Chinese consumers. Under the partnership, ECMOHO will help China Resources Ng Fung gain operational insights towards inventory management and product design through ECMOHO’s data analysis and technology.
With the rising demand for high-quality food essentials, organic food products in China are expected to grow rapidly in the coming years. ECMOHO helped China Resources Ng Fung launch its organic rice for Chinese consumers in the market this month. Through this strategic partnership, China Resources Ng Fung is expected to achieve higher growth and market share in the long term.
Safe Harbor Statements
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About ECMOHO Limited
ECMOHO is a leading integrated solution provider in the rapidly growing non-medical health and wellness market in China. The Company acts as the bridge between brand owners and Chinese consumers by marketing and distributing health supplements and food, mother and child care products, personal care products, household healthcare equipment and other health and wellness products. Through over seven years of operation, ECMOHO has built an ecosystem where Chinese consumers are provided with customized health and wellness solutions that include quality products and trustworthy content.
For more information, please visit http://ir.ecmoho.com/.
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Ms. Ellen Chiu