MISSFRESH LIMITED

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04/26MissFresh Triples its Stock and Accelerates the Delivery Efforts to Meet Increasing Consumer Demand
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03/30Sales of Missfresh's Private Label Fresh Food Brand Surged 300% For Q4 2021
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03/07MISSFRESH : Enters Standby Equity Purchase Agreement for up to US$300 Million - Form 6-K
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Missfresh Limited Partners Totole to Promote its Trending Prepacked Blends

01/19/2022 | 08:34am EDT

Missfresh Limited announced it has formed a strategic partnership with Totole, a leading seasoning brand in China. Missfresh will facilitate Totole's go-to-market plan for its prepacked seasoning blends through a series of joint promotions for 2022. Totole entered a direct supply partnership with Missfresh in July 2021 and recognized Missfresh's value proposition as well-suited to its target customers, especially younger shoppers. The emerging subcategory of products has been growing in popularity among younger shoppers as they help to ease 'cooking anxiety' by reducing the mental load, hassle, and time required for concocting tasty seasoning sauces from scratch. Currently, the Missfresh and Totole joint promotion centers on Totole's prepacked seasoning blends such as mapo tofu sauce, abalone and oyster sauce, and fresh liquid chicken bouillon. The mapo tofu sauce has been particularly popular among Missfresh's users, quickly becoming one of the top three bestselling condiment products in just one month after its launch on the online retail platform. Later in 2022, Missfresh and Totole plan to launch promotions for products such as sweet and sour spareribs sauce, beef in golden soup, and yuxiang shredded pork sauce, as well as explore opportunities for brand partnerships, such as the sharing of customized recipes on Missfresh's platform.


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All news about MISSFRESH LIMITED
04/26MissFresh Triples its Stock and Accelerates the Delivery Efforts to Meet Increasing Con..
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03/30Sales of Missfresh's Private Label Fresh Food Brand Surged 300% For Q4 2021
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03/07MISSFRESH : Enters Standby Equity Purchase Agreement for up to US$300 Million - Form 6-K
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Analyst Recommendations on MISSFRESH LIMITED
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Financials
Sales 2021 7 841 M 1 168 M 1 168 M
Net income 2021 -3 851 M -574 M -574 M
Net cash 2021 960 M 143 M 143 M
P/E ratio 2021 -0,09x
Yield 2021 -
Capitalization 365 M 54,4 M 54,4 M
EV / Sales 2021 -0,08x
EV / Sales 2022 -0,02x
Nbr of Employees 1 335
Free-Float 12,1%
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Income Statement Evolution
Consensus
Sell
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Mean consensus BUY
Number of Analysts 5
Last Close Price 1,55 CNY
Average target price 47,56 CNY
Spread / Average Target 2 965%
EPS Revisions
Managers and Directors
Xu Zheng Chairman & Chief Executive Officer
Jun Wang Co-Chief Financial Officer & Director
Xi Chen Co-Chief Financial Officer
Han Song Zhu Independent Director
Shun Lam Tang Independent Director
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