Freshippo CEO Yan Xiaolei announced in an internal letter today that the Alibaba-owned grocery chain has achieved double-digit growth based on nine consecutive months of overall profitability, with customer numbers increasing by over 50%. This marks the first time that Yan has made a disclosure regarding Freshippo’s profitability since she assumed the role of CEO … Continue reading Freshippo CEO announces sustained profitability after 50% surge in customer base