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The Nexus
BUSINESSJul 25 · 08:00 UTCSCMP WORLDZhu Wenqian

Meet Yu Donglai, founder of China’s viral supermarket chain and guest of Premier Li Qiang

Yu Donglai, founder of the viral supermarket chain Pangdonglai, attended a high-level economic symposium chaired by Chinese Premier Li Qiang. The retailer, based in Xuchang, Henan province, has not expanded beyond the province despite China's consumption slowdown and competition from e-commerce platforms.

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Mentioned
Yu DonglaipersonPangdonglaiorganizationPremier Li QiangpersonXuchangplaceHenan provinceplaceE-Commerce Platformstopic
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