SHANGHAI--(BUSINESS WIRE)--Fu’aibao, an innovative e-commerce platform and retailer, held a press conference at the iconic Jin Mao Tower in Shanghai on May 25, 2018, attracting strategic partners from all over the world and journalists from over a hundred media outlets.
Mr. Xia Baoping, Chairman of Fu’aibao, shared the company’s global strategic planning with the guests. He said, “Fu’aibao is committed to enabling more consumers to buy products of world-class quality at affordable prices. Therefore, Fu’aibao has a set of strict standards in selecting appropriate suppliers.” For YOUCI make-up line, Fu’aibao has partnered with the Italy-based INTERCOS, the world’s largest make-up processing company entrusted by most global top brands including Dior, Lancome, Chanel and Armani. For FUYIME skin care line, Fu’aibao has partnered with Japan’s Kolmar with a history of 106 years, the designated processing company by SK-II, Estee Lauder, etc. In addition, Fu’aibao has partnered with Anxing Agricultural Insurance Co., Ltd. to insure product security for customers.
Fu’aibao is a company with vision and love. It cooperates with S.F. Express to ensure fast and safe delivery. It promises that agents can return/change surplus products and even have chance to get training in Zhejiang University. Meanwhile, since 2016, Fu’aibao has been donating RMB 300,000 each year for the charity cause and was reported by CCTV’s Xinwen Lianbo.
Fu’aibao plans to raise its brand awareness by cooperating with off-line economic entities including enterprises, hospitals, shopping malls and supermarkets, while building its own experience stores. By 2020, Fu’aibao will own over 10,000 experience stores and complete the transformation as a new e-commerce platform.