Bailian Hand In Hand To Promote "Convenience" 500 Stores This Year

Yi Jie convenience has now signed 20 to 30 outlets in Shanghai, and plans to open 500 stores this year.

There will be two kinds of shop types: Center store and satellite store. The center store area is 300 to 500 square meters, and the satellite store area is about 100 square meters.

The first convenience store is located in the central shop with an area of about 500 square meters, of which 2/3 of the area is fresh food or hot food area. It can provide ready made coffee, baked bread, hot dishes, Guan Dongzhu, etc., and another 1/3 of the regional sales of bottled drinks and packaged food.

The store is equipped with three self checkout machines. Besides Alipay checkout, it also encourages consumers to use Bailian wallet.

It is understood that the engraving convenience registered entity is Shanghai yenxi new retail network technology Co., Ltd., which was registered at the end of November 2018. The largest shareholder is Shanghai Business Investment Holding Co., Ltd., with a contribution of 570 million yuan, representing 57% of the new retail sales of yenxi, and Shanghai business investment Holding Co., Ltd. is indirectly controlled by Bailian Group 100%.

Cci Capital Ltd of Alibaba in Hangzhou invested 430 million yuan in 43% stake.