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Alibaba Group’s Freshippo has announced that it plans to accelerate its expansion in 20225 by opening up to 100 new fresh grocery stores that will cover dozens of new cities in China, thereby consolidating its leading position in the fresh retail sector.
Last year, Freshippo recorded steady profit over a 9-month period, maintaining double-digit growth in its business. It also opened 72 fresh grocery stores throughout the year, covering 21 cities in the country.
