Missfresh Ltd

Missfresh Ltd. Engages in the distribution of whole foods and groceries to end customers. The company was founded by Zheng Xu and Bin Zeng was founded in October 2014 and is headquartered in Beijing, China.

Earnings data Q2 2021

Earnings data Q3 2021

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LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Missfresh Limited (“Missfresh” or the “Company”) (NASDAQ: MF) investors concerning the Company's possible violations of the federal securities laws. If you suffered a loss on your Missfresh investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities l

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Missfresh Limited (MF) on Behalf of Investors

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Missfresh Limited (“Missfresh” or the “Company”) (NASDAQ: MF) investors concerning the Company's possible violations of federal securities laws. On April 29, 2022, Missfresh disclosed that it could not timely file its fiscal 2021 annual report because it was conducting “an internal review of certain matters, including those relating to transactions between the Company and certain third-party e

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Missfresh Limited (MF) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Missfresh Limited (“Missfresh” or the “Company”) (NASDAQ: MF) on behalf of investors concerning the Company's possible violations of federal securities laws. If you are a shareholder who suffered a loss, click here to participate. On April 29, 2022, Missfresh disclosed that it could not timely file its fiscal 2021 annual report because it was conducting “an internal review of certain matters, including

The Law Offices of Frank R. Cruz Announces Investigation of Missfresh Limited (MF) on Behalf of Investors

BEIJING, July 01, 2022 (GLOBE NEWSWIRE) -- Missfresh Limited (“Missfresh” or the “Company”) (NASDAQ: MF), an innovator and leader in China's neighborhood retail industry, today announced the results of the previously disclosed independent review conducted by the independent audit committee of its board of directors (the “Audit Committee”).

Missfresh Announces the Substantial Completion of the Audit Committee-Led Independent Internal Review

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BEIJING, May 24, 2022 (GLOBE NEWSWIRE) -- Missfresh Limited (NASDAQ: MF) (“Missfresh” or the “Company”), an innovator and leader in China's neighborhood retail industry, today announced that it received a notification letter dated May 19, 2022 (the “Notification Letter”) from the Listing Qualifications Department of The Nasdaq Stock Market Inc. (“Nasdaq”), indicating that the Company is not in compliance with the requirements for continued listing set forth in Nasdaq Listing Rule 5250(c)(1) since the Company did not timely file its annual report on Form 20-F for the fiscal year ended December 31, 2021 (the “2021 Form 20-F”) with the Securities and Exchange Commission (the “SEC”).

Missfresh Announces Receipt of Nasdaq Notification Regarding Late Filing of Form 20-F

BEIJING , May 24, 2022 /PRNewswire/ --  Missfresh Limited 's ("Missfresh" or the "Company") (NASDAQ: MF) most recent data reveals that its retail partners have seen up to a 20 times increase in their online orders since using Missfresh's Retail Cloud services to digitalize and modernize their businesses. Shandong Quanfuyuan Commercial Group, a retail enterprise with numerous supermarket outlets spread across East China's Shandong province, looked to Missfresh, a pioneer in China's neighborhood retail industry, to provide customized solutions to challenges such as boosting their new customer conversion rate, encouraging repurchases from existing customers, and improving community operations and customer support processes.

Missfresh's Retail Cloud Services Enabled Up To 20X Increase in Major Traditional Retailers' Online Sales

BEIJING , April 26, 2022 /PRNewswire/ -- After some of COVID cases in Beijing and mass COVID-19 testing in most of the city, residents snapped up food and other suppliers with the fear of rising number of cases. Missfresh Limited ("Missfresh" or the "Company") (NASDAQ: MF), a pioneer in China's neighborhood retail industry, has tripled its stock volume to meet consumer demand during this challenging time.

MissFresh Triples its Stock and Accelerates the Delivery Efforts to Meet Increasing Consumer Demand

The Chinese penny stock jumped on a possible short squeeze.

Why Missfresh Limited Stock Jumped Today

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Dingdong, Missfresh Surge On Booming Business During Covid Lockdowns

BEIJING, March 30, 2022 /PRNewswire/ --  Missfresh Limited  ("Missfresh" or the "Company") (NASDAQ: MF), a pioneer in China's neighborhood retail industry, saw fourth-quarter 2021 sales for its private label Fresh Joy ("Xiang An Xin" in Chinese) product range grow 300%, as compared to the first quarter in the same year. This surge in sales is a result of Missfresh's continued investment in and improvements to the private label products' quality as well as increased customer trust and recognition of Missfresh's in-house brands.

Sales of Missfresh's Private Label Fresh Food Brand Surged 300% For Q4 2021

Provides Access to Additional Capital to Support Growth Provides Access to Additional Capital to Support Growth

Missfresh Enters Standby Equity Purchase Agreement for up to US$300 Million

BEIJING, March 2, 2022 /PRNewswire/ -- Missfresh Limited  ("Missfresh" or the "Company") (NASDAQ: MF), a pioneer in China's neighborhood retail industry, has just signed an agreement to add nearly 70 hectares of land in Luliang County in Yunnan Province to its China-wide vegetable farm network. This increases Missfresh's nationwide network of vegetable farms – which directly supply the Company with fresh vegetables – to more than 1,300 hectares.

Missfresh Expands China-wide Direct-Supply Vegetable Farm Network to Total More Than 1,300 Hectares

BEIJING, Feb. 16, 2022 /PRNewswire/ -- Missfresh Limited ("Missfresh" or the "Company") (NASDAQ: MF), a pioneer in China's neighborhood retail industry, announced today that it has completed the first phase of its rollout of the Missfresh 1V1 Advisor personalized shopping concierge services. The average number of orders per customer and average monthly revenue per effective user (also known as the average revenue per unit or ARPU) participating in the Missfresh 1V1 Advisor program have shown encouraging performance, up 70% and 100% respectively, compared with that of non-concierge service customers, according to the Company's transaction data.

Missfresh Successfully Launches Personalized Concierge Experience for High-value Customers, Doubling Relevant Monthly ARPU

BEIJING, Feb. 14, 2022 /PRNewswire/ -- Valentine's Day flower sales increased by five-fold, with purchases of roses increasing by 20-fold, on Missfresh's on-demand online retail platform as more and more consumers across China choose e-commerce to meet their daily needs. Missfresh Limited  ("Missfresh" or the "Company") (NASDAQ: MF), a pioneer in China's neighborhood retail industry, has stepped up to meet the demand among high-value consumers for products such as flowers, with 30% of Missfresh membership users in Beijing and Shanghai purchasing fresh cut flowers in the past month.

Sales of Roses for Valentine's Day Jump 20-fold for Missfresh as China's E-commerce Flower Market Booms

BEIJING, Feb. 9, 2022 /PRNewswire/ --  Missfresh Limited  ("Missfresh" or the "Company") (NASDAQ: MF), a pioneer in China's neighborhood retail industry, today announced the explosive growth of its on-demand retail sales during the recent Chinese New Year (CNY) holiday celebrating the Year of the Tiger. Compared with pre-holiday sales levels, the gross merchandise value generated on the Missfresh platform doubled during the week-long festival.

Missfresh Doubles Sales During 2022 Chinese New Year Holiday Week

BEIJING, Feb. 7, 2022 /PRNewswire/ --  Missfresh Limited  ("Missfresh" or the "Company") (NASDAQ: MF), a pioneer in China's neighborhood retail industry, is excited to provide express food delivery and Convenience Go smart vending machines for support staff stationed in Taizicheng Snow Town, Zhangjiakou, the main zone of the 2022 Beijing Winter Olympics in Hebei Province. Missfresh launched these services in Taizicheng after more than three months of preparatory work by over 100 staff members, Jiahong Ji, the head of Missfresh's "Taizicheng Special Retail Services" team, shared.

Missfresh Provides Express Delivery and Smart Vending Machines For Beijing Winter Olympics' Support Staff

Key takeaways: •      Missfresh has launched a series of value-added initiatives in its bid to achieve profitability by selling more higher-margin products outside its core online grocery business

Missfresh Tries To Tempt Investors With Value-Added Offerings

BEIJING, Jan. 27, 2022 /PRNewswire/ -- Missfresh Limited ("Missfresh" or the "Company") (NASDAQ: MF), a pioneer in China's neighborhood retail industry, today announced it has entered a strategic partnership with Ocean Engine, a digital marketing platform owned by Bytedance, and expanded its presence on one of China's most popular social networking platforms, Douyin, by launching a unique livestream grocery shopping service with less than one-hour delivery in Beijing and Shanghai. Going forward, Missfresh and Douyin intend to extend the livestream shopping experience to all 17 cities where Missfresh operates its on-demand Distributed Mini Warehouse (DMW) business.

Missfresh Enables Livestream Shopping With a Superior, Instant Delivery Experience

BEIJING, Jan. 24, 2022 (GLOBE NEWSWIRE) -- Missfresh Limited (“Missfresh” or the “Company”) (NASDAQ: MF), a pioneering leader in China's neighborhood retail industry, today announced its outstanding sales growth performance for Ready-to-Cook, Ready-to-Heat, and Ready-to-Eat products, referred to as 3R products, and its plans to further expand this category. In 2021, sales of 3R products on Missfresh's platform increased more than 300% compared with 2020, with a gross margin for these products at least 15% above the platform's average.

Missfresh Achieves Impressive Sales Growth of Ready Meals and Expands its Higher Margin ‘3R' Product Categories

BEIJING, Jan. 24, 2022 /PRNewswire/ --  Missfresh Limited ("Missfresh" or the "Company") (NASDAQ: MF), a pioneer in China's neighborhood retail industry, today announced its outstanding sales growth performance for Ready-to-Cook, Ready-to-Heat, and Ready-to-Eat products (referred to as 3R products), and its plans to further expand this category. In 2021, sales of 3R products on Missfresh's platform increased by more than 300% compared with 2020, with the gross margin for these products at least 15% above the platform's average.

Missfresh Achieves Impressive Sales Growth of Ready Meals and Expands its Higher Margin '3R' Product Categories

BEIJING, Jan. 19, 2022 /PRNewswire/ -- Missfresh Limited ("Missfresh" or the "Company") (NASDAQ: MF), an innovator in China's neighborhood retail industry, today announced it has formed a strategic partnership with Totole, a leading seasoning brand in China. Missfresh will facilitate Totole's go-to-market plan for its prepacked seasoning blends through a series of joint promotions for 2022.

Missfresh Partners Leading Seasoning Brand Totole to Promote its Trending Prepacked Blends

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BEIJING, Jan. 6, 2022 /PRNewswire/ -- Missfresh Limited ("Missfresh" or the "Company") (NASDAQ: MF), an innovator in China's neighborhood retail industry, has inked agreements with more than 20 regional supermarket chains to equip more than 150 stores in 19 cities in China with the Company's suite of proprietary SaaS tools and AI-driven capabilities, such as smart omnichannel marketing, smart supply chain management, and smart store-to-door delivery – enhancing the shopping experience for more than four million active customers. The retail partners include well-known regional retailers such as Shandong Aodelong Supermarket, Chongqing Jiameijia Department Store, and Changchun Yatai Supermarket, who are upgrading and enhancing their digital operations through Missfresh's Retail Cloud services.

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