Second quarter was historical for us. We broke our monthly sales record and managed to do it profitably. We managed to further develop our sourcing processes and profitability management.
Year 2020 marked a watershed for Euroeat as for the first time we consolidated our financials from Finland (Euroeat Oy) and China (Euroeat E-Business Ltd) as group financials.
In light of the closure of the Privanet marketplace, Euroeat is looking into alternatives how to facilitate trading in its shares.
In driving traffic & visibility to the online stores in China, approved sales categories are of critical importance.
The name 618 comes from the fact that this event was originally organized on June 18, although now it is roughly a month long shopping bonanza.
1Q was very busy for us, mainly for positive reasons.
We have been often asked about where does the company name, Euroeat, come from. The naming of the company actually started from the perspective of the customers, Chinese consumers.