A pharmacy in Shanghai. Family-run shops account for more than half of China’s 480,000 retail pharmacies. Photo: Getty ImagesA pharmacy in Shanghai. Family-run shops account for more than half of China’s 480,000 retail pharmacies. Photo: Getty Images
A pharmacy in Shanghai. Family-run shops account for more than half of China’s 480,000 retail pharmacies. Photo: Getty Images

Nasdaq-listed supply chain firm 111 is helping China’s 280,000 family-run pharmacies compete with big guns

  • Shanghai-based 111 is helping family-run shops access advantages enjoyed by larger chain stores, founder says
  • Company is pursuing Star Market secondary listing for higher stock valuation, broader investor base and stronger brand recognition in China

Topic |   E-commerce
A pharmacy in Shanghai. Family-run shops account for more than half of China’s 480,000 retail pharmacies. Photo: Getty ImagesA pharmacy in Shanghai. Family-run shops account for more than half of China’s 480,000 retail pharmacies. Photo: Getty Images
A pharmacy in Shanghai. Family-run shops account for more than half of China’s 480,000 retail pharmacies. Photo: Getty Images
READ FULL ARTICLE
Close
We need your support

Advertising helps us continue to provide quality content. Help support us by disabling your adblocker on our site.

How to whitelist us:
  1. 1
    Click on the AdBlock icon at the top right corner of your browser.
    For iOS, go to Settings/Safari/Content Blockers and turn it off.

    For Android, go to your Ad blocker app/Settings and turn it off.
  2. 2
    Click Enabled on this site until the text reads Disabled on this site.
  3. 2
    Click the cross icon on the top right corner to close this window and refresh the page.
  4. 3
    Click the cross icon on the top right corner to close this window and refresh the page.