iFresh Announces Delivery Partnership with HungryPanda
iFresh (Nasdaq: IFMK) announced a partnership with HungryPanda on April 20, 2021, to launch an online perishable goods delivery service in New York. This collaboration will allow customers to order iFresh's products via the HungryPanda app, with options for on-demand or scheduled delivery. The delivery service is expected to start by the end of April 2021 and may expand to other regions. Chairman Long Deng emphasized the partnership enhances convenient shopping for customers and aims to boost online sales.
- Partnership with HungryPanda enhances delivery options for customers.
- Expected expansion of delivery service to other regions increases market reach.
- None.
NEW YORK, April 23, 2021 (GLOBE NEWSWIRE) -- iFresh, Inc. (“iFresh” or the “Company”) (Nasdaq: IFMK), a leading Asian American grocery supermarket chain and online grocer in the east coast of U.S., today announced it has established a partnership with HungryPanda, a global leading food delivery platform. The two parties entered into a service agreement on April 20, 2021, pursuant to which the partners have agreed to jointly launch an online perishable goods delivery service in New York.
Headquartered in London, the UK, HungryPanda is a specialist food delivery platform that has provided authentic Chinese food and groceries to overseas Chinese and students abroad since its establishment in 2016. Currently, HungryPanda operates in 47 cities across Australia, Canada, France, New Zealand, UK, and US.
Through this partnership with HungryPanda, shoppers can order iFresh’s perishable goods via the HungryPanda mobile app, where shoppers will have the choice to have the items home delivered on demand or through scheduled delivery. The delivery service is expected to be available by the end of April 2021 through the chain stores of iFresh in New York. The delivery service is expected to be extended to cover other regions that iFresh has operating stores as well.
Mr. Long Deng, Chairman of iFresh, commented, “We are thrilled to announce our partnership with HungryPanda, one of the fastest growing delivery platforms that specifically targets overseas Chinese consumers. The new delivery option provides iFresh’s customers even more convenient ways to shop for their essential needs for perishable food. As we expand our online offerings, we continue to look for new opportunities to boost online sales while making the shopping experience easier and more convenient for our customers.”
About iFresh, Inc.
iFresh Inc. (Nasdaq: IFMK), headquartered in Long Island City, New York, is a leading Asian American grocery supermarket chain and online grocer in the east coast of the U.S. With nine retail supermarkets across New York, Massachusetts, Miami, and Florida (with additional store in Connecticut opening soon), and one in-house wholesale business strategically located in cities with a highly concentrated Asian population, iFresh aims to satisfy the increasing demands of Asian Americans (whose purchasing power has been growing rapidly) for fresh and culturally unique produce, seafood and other groceries that are not found in mainstream supermarkets. With an in-house proprietary delivery network, online sales channel and strong relations with farms that produce Chinese specialty vegetables and fruits, iFresh is able to offer fresh, high-quality specialty produce at competitive prices to a growing base of customers. For more information, please visit: http://www.ifreshmarket.com/.
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For more information, please contact:
At the Company:
iFresh, Inc.
Email: carrie@ifreshmarket.com
FAQ
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