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JMU at a Galance
JMU, the former Wowo Ltd., currently operates China’s leading online foodservice platform that provides integrated B2B services to foodservice merchants and consumers. With the vision of reshaping foodservice industrial rules and building the fair business ecosystem for medium and small foodservice businesses in China, it currently aims to cultivate the traditional offline foodservice businesses using internet tools to create value for foodservice companies, brand suppliers and customers.
Through cooperation with industry associations and hundreds of leading catering and hotel brands across China, JMU has formed the leading industrial alliance and has great resource leverage in China’s foodservice industry. JMU works closely with various reputable buyers and suppliers in the foodservice industry, providing one-stop procurement services, as well as manufacture, marketing and other value-added services, for a variety of foodservice businesses via the B2B platform www.ccjoin.com.
As of September 30, JMU’s B2B online platform recorded gross billings of RMB 3,194 million (US$479 million), 33,214 active customer accounts and 14,094 third-party sellers.