Jialebao acquires Yummy77

For fresh fruit and vegetable marketing and distribution in Asia
Gabrielle Easter

BY GABRIELLE EASTER

@gab_produceplus

Jialebao acquires Yummy77

Yummy77 has been acquired by Chinese group Jialebao after the Chinese e-tailer announced its closure last month

Jialebao acquires Yummy77

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Chinese e-commerce group Jialebao.cc has acquired the Chinese e-tailer Yummy77 following the announcement that Yummy77 had closed due to financial difficulties.

Jialebao made the announcement in May, stating that is was a strategic decision for the group, according to Domain.cn.

Jialebao said acquiring Yummy77 would offer the group an online grocery sector along with established cold chain logistics, storage and experience in global procurement.

Domain.cn has reported that Jialebao will re-start Yummy77 in mid-June, and is negotiating with suppliers over any delayed payments.

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