Alibaba’s Freshippo exits Fuzhou

Date : 19 May 2020

Charles Chan

Senior Retail Analyst

Alibaba is closing its Freshippo Fuzhou Bona Plaza and Chating International stores, withdrawing from Fuzhou the capital city of Fujian province in China. Demand and supply chain challenges Freshippo mainly caters to middle and high-end consumers. Despite Fuzhou having a high consumption…
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