ASIA
Urban Revivo supplier conference
Asia outside China . As Urban Revivo develops , so must its suppliers . “ Most of our suppliers are really small suppliers , because Urban Revivo was growing quite fast in the past . So now , in the future , as part of the supply chain transformation , my key focus is to develop our suppliers ,” Zhong observes . “ We do our best to support them . We consider them as our key business partners .”
It is not just suppliers that Urban Revivo views as key partners . “ For the logistic part we also work with Jingdong ,” Zhong notes . “ Jingdong , also known as JD . com , is one of the two largest B2C online retailers in China by transaction volume and revenue and a member of the Fortune Global 500 . Such a strategic partnership is certainly indicative of Urban Revivo ’ s growing clout .
“ Jingdong is a very big e-commerce company and from this year it wanted to launch its new
FACTS
• Founded in 2006
• It has grown by 50 % every year , and now it has around 200 stores in China , and our sales revenue is close to RMB3bn [ US $ 452mn ].
• More than 20,000 kinds of new products every year
• We have around 100 small suppliers
• Ambitious plans to open around 400 stores globally by 2020
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