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

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 Images A 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
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