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Qdama’s ‘No Yesterday’s Meat’ model stumbles on path to Hong Kong listing
钱大妈门店现饱和,走不出南方的困惑

China's largest community-based fresh grocer is regrouping after its aggressive expansion using a franchising model ran into headwinds.
manbetx3.0 最大的社区生鲜连锁店钱大妈,近日已申请在香港上市,距登上资本市场舞台只是一步之遥。

Its name may not resonate with foreigners, but Qdama is a household staple to many in China. Its catchy tag line of “no yesterday’s meat” is on everyone's lips. In just 14 years, the operator of a community-based grocery chain has expanded to nearly 3,000 stores nationwide with annual revenue exceeding 10 billion yuan ($1.43 billion). Now, its parent, Qdama International Holding Ltd., is aiming to make the name a staple in the foreign investment community with its application for a Hong Kong IPO filed last week.

在manbetx3.0 的华南城市,“钱大妈”无人不识,一句“不卖隔夜肉”,人人朗朗上口,短短14年,全国已有门店近3,000家,年收入逾百亿元,其母公司钱大妈国际控股有限公司亦于上周向港交所递交上市申请。

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