Qiancang Technology

Jiji Fresh (Wuhan Qiancang Technology Co., Ltd.) was established in 2018. It was founded by senior executives from leading domestic internet companies including BAT and major domestic supermarket chains. The company has completed tens of millions of RMB in angel round financing, led by Source Code Capital (whose investment portfolio includes Meituan, Toutiao, Pagoda, Lianjia, etc.). The company is committed to providing healthy and cost-effective food for community families' three daily meals. The company focuses on 30-minute ultra-fast delivery, no-reason returns and exchanges, and zero delivery fees. The company plans to open 100 stores by the end of 2019, 500 stores in the next three years, and 1,000 stores in the next five years. Depending on city size, each city will have 50-100 stores. Starting with Wuhan as the project launch city, the company will gradually expand to important cities in Hunan, Sichuan, Anhui, Jiangxi and other provinces, and then enter Beijing, Shanghai, Guangzhou and Shenzhen to complete a nationwide layout.