Freshippo achieves four months of profitability after major restructuring: report

Freshippo achieves four months of profitability after major restructuring: report
Freshippo logo on its office.Freshippo, Alibaba’s supermarket chain, has reportedly achieved four consecutive months of profit for the first time after a major restructuring of its operations. The brand has been the subject of persistent rumors that it would be sold off following the postponement of its proposed IPO last November, but recorded profits from March to June this year. […]

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