Wumart

来源:本站发布时间:2022年06月13日类别:集团英文简介

物美联想桥_副本.png


Founded in 1994 by Dr. Zhang Wenzhong, Wumart Group is one of the largest omnichannel digitalized retailers in China. As of May 2022, Wumart operates more than 2,000 multi-format stores nation-wide with total annualized revenue of over 110 billion RMB (eq. 16.5 billion USD) . Retail sales generated by mobile application users accounted for over 70% of Wumart's total retail sales in 2021. Wumart is committed to comprehensive digital transformation and online-offline integration. Specifically, Wumart has built a fresh grocery-based digital supply chain that offers omni-channel standardized products and services. Wumart’s key lines of business include business-to-business operations that center around food service distribution, home delivery operations through mobile app, and membership store and community supermarket operations that are empowered by own brands and private labels. Further, Wumart has been praised for its outstanding role in combating SARS outbreak in 2003 and recent COVID-19 outbreak. 

 

The first WUMART store in Beijing was a pioneering supermarket prototype in a modern sense equipped with arguably the first batch of POS machines back then. Ever since, WUMART Group's expansion strategy, focusing on a few regions a time only to achieve the optimal density of stores within each region, has succeeded with substantial benefits from higher efficiency in logistics, procurement and operation.

 

The Groups committed execution of its ambitious digitalization strategy has enabled not only hundreds of retailers, including itself, improving efficiency and revenue, but also creating more convenient and satisfactory O2O experience for millions of customers.

 

In addition to its strong organic growth, WUMART Group has outstanding track record in M&A and follow-up consolidation. In April 2020, it successfully completed the deal of 2 billion euros to hold 80% stake in the Fortune 500 Germany-based METRO's China business. As of 2021, with 102 stores in 61 cities, METRO China is the largest 2B service provider, having served over four million professional business clients since 1996. METRO is the only one in China whose all stores are certified by HACCP. Since 2015, Wumart Group was also highly acclaimed for its buy-and-turnaround story of the China business of B&Q, an European multinational DIY and home improvement retailer, solely owned by the Fortune 500 Kingfisher Plc. before the transaction. Previously, WUMART Group also bought MerryMart (the 4th largest retailer in Beijing), the publicly listed Xinhua Department Store (the largest of its kind in North-west China), the Korean retailer Lotte’s business in North China, and the 1950-established Chongqing Department Store (the oldest and largest among peers in South-west China).

 

In future, its embedded pioneering vision, digitalization DNA, and its M&A and consolidation capacity are surely to enable the Group continue to be the pioneer, innovator and consolidator in the fast paced competitive O2O retailing market in China and beyond.

您可能对其他新闻感兴趣

上一篇

没有了!

下一篇

没有了!