
Euroeat: 2Q2022 business review
A challenging quarter. Not only for us at Euroeat, but for the whole consumer & retail business in China.
A challenging quarter. Not only for us at Euroeat, but for the whole consumer & retail business in China.
The agreement also covers Moomin branded products designed and manufactured by Euroeat in China.The agreement is signed between Euroeat Oy and Rights and Brands Asia Ltd.
The parties have signed a non-exclusive distribution agreement for mainland China.
Our Martyn Qu & Danica Yang from Beijing give a business update in the middle of the hectic 11.11. and 12.12. shopping festival season.
Moomin Characters Oy Ltd’s retail arm makes a strategic investment to Euroeat Oy.
Solid positive development continued through 3Q: compared to 3Q2020, we improved substantially all the critical KPIs.
Chinese online market is extremely dynamic, new technologies & solutions are being adopted and the volumes are massive.
Euroeat Tmall online shop is among the top 5% of all online shops for kitchenware in China!
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.
Mikonkatu 20 A 8
00100 Helsinki
Finland
+358 40 589 5926
heikki.lassila@euroeat.com
Business ID 2665578-1
We will be bringing new content and functionalities to this site. Stay tuned!
© 2021 Euroeat Oy