Kuries wrote a post · Aug 8, 2023 21:59

BABA's Hema & Disney China Form New Retail Cooperation

Hema (Freshippo), a subsidiary of $BABA-SW(09988.HK)$ , entered into a new retail cooperation with Disney China, with plans to launch about 100 Disney-licensed merchandises in China this year.

Jiayu Zhao, head of merchandising of Hema, said the Company hopes to link Disney's popular animation IPs into its product R&D through its product creation. Currently, Hema has already launched 6 Disney-licensed merchandises.

$Disney(DIS.US)$ $ALIBABA GROUP HOLDING LTD(BABAF.US)$ $Alibaba(BABA.US)$ $Hang Seng TECH Index(800700.HK)$ $China Concept Stocks(BK2517.US)$

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Kuries

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