iFresh Announces Participation in Alipay Singles’ Day Sales Event
iFresh Inc. (IFMK)
US:NASDAQ Investor Relations:
investors.ifreshmarket.com/investor-relations
Company Research
Source: GlobeNewswire
NEW YORK, Nov. 11, 2019 (GLOBE NEWSWIRE) -- iFresh, Inc. ("iFresh" or "the Company") (Nasdaq: IFMK), a leading Asian American grocery supermarket chain and online grocer, announced today that its five New York supermarkets will participate in Alipay Singles’ Day Sales Event where customers can receive a great selection of free gifts when spending $15 or more at participating stores by purchasing “1 Yuan Pre-sale Coupon” between November 11, 2019 to November 30, 2019 from the Alipay App. Singles’ Day, November 11th, also known as Double Eleven (“11.11”) was created by Alibaba, the Chinese e-commerce giant on November 11th in 2009 as a special occasion for Chinese singles to treat themselves through retail therapy. Singles’ Day has become the largest offline and online shopping day in the world. Alipay is the mobile payments and lifestyle platform owned by Alibaba’s affiliate company, Ant Financial. During the annual Singles’ Day event, approximately 90% of Alibaba sales transactions
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