Busy Ming Group Co., Ltd. is a leading Chinese food and beverage retailer specializing in snacks such as biscuits, nuts, and beverages. Founded in 2016 and headquartered in Changsha, Hunan Province, the company opened its first store in 2017 and has rapidly expanded to a vast network of over 21,000 outlets across most provinces in China, with approximately 59 percent located in counties and townships. It employs a value retail model that eliminates middlemen to offer products priced about 25 percent below average supermarket levels, catering to consumer demand for affordable, high-turnover goods. Operating dual brands—Busy for You and Super Ming—the firm generates the majority of its revenue through sales to its extensive franchise network, positioning it as a market leader by gross merchandise value in its segment. Busy Ming Group Co., Ltd. reported a profit of 1.56 billion yuan for the nine months ending September 30, more than triple the prior year, underscoring its strong growth in the consumer retailing sector.
Markedsdata leveret af TwelveData og Morningstar