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Hema: No. of X Membership Stores Closed Less than 2% of Total No. of Stores
Recommend 23 Positive 30 Negative 18 |
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Earlier, there were rumors that BABA-W (09988.HK)'s new retail business, Hema, would close all of its X Membership stores. The Company responded that it had been adjusting some of its exploratory businesses since 2024, and had closed 10 X Membership stores until now. However, the number of closed stores accounted for less than 2% of Hema's total number of stores. It is expected that its core business model, Hema Xiansheng, will continue to expand rapidly in the future. AAStocks Financial News Website: www.aastocks.com |
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