Bubugao Group was founded in March 1995 in Xiangtan, Hunan, the hometown of a great man. With the corporate vision of "Co-creating a Better Life," it has grown into a large commercial group operating retail trade, e-commerce, commercial real estate, internet finance, logistics and transportation, and other businesses. In June 2008, the group's holding subsidiary Bubugao Commercial Chain Co., Ltd. was listed on the Shenzhen Stock Exchange (stock code 002251).
Bubugao has deeply cultivated the market in the greater southwestern China region and is committed to growing into a leading omni-channel operator. By the end of 2019, the group's more than 600 multi-format physical stores had spread across Hunan, Guangxi, Jiangxi, Sichuan, Chongqing and other provinces and cities, making it the retail champion in Hunan and Guangxi. It provides more than 70,000 jobs, ranked among China's top ten fast-moving consumer goods companies in 2017, and is among China's top 20 chain retailers and China's top 500 enterprises.
From 2017 to 2019, Bubugao was transforming into a data-driven smart retail enterprise integrating online and offline. In February 2018, it reached in-depth cooperation at the capital and strategic levels with Tencent Group and JD.com Group to explore new value chains for "smart retail" and "boundless retail," online traffic empowerment, technological innovation in offline formats, supply chain empowerment, and jointly building empowerment solutions.
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