New stock news | Pinduoduo supermarket is in contact with top investment banks or planning to list in Hong Kong

According to the financial news app ZhuTong, it is reported that the operating entity of the new retail company Pupu Supermarket, Fuzhou Pupu E-commerce Co., Ltd., is currently in contact with top investment banks and may be planning to list in Hong Kong. Currently, it covers 9 cities including Fuzhou and Xiamen, with over 400 front warehouses. It plans to open a new store in Quanzhou City by 2025. It achieved annual profit in 2024, with revenue of about 30 billion yuan in 2024, a gross profit margin of 22.5%, and a fulfillment cost rate of less than 17.5%.