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BABA-W's Hema Envisioned to Cross RMB100B GMV in FY26
Recommend 19 Positive 33 Negative 9 |
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BABA-W (09988.HK)'s Hema CEO Yan Xiaolei revealed in an employee letter that the company's overall revenue growth surpassed 40% YoY in 2025. Given that Hema's GMV in the last fiscal year exceeded RMB75 billion, 2026 is expected to achieve the RMB100 billion GMV target, if the growth momentum sustains. After Yan took over as Hema CEO in March 2024, she clearly focused on the "Hema Xiansheng" and "Chao He Suan NB" business models, where Hema Xiansheng is positioned as a mid-to-high-end fresh supermarket, and Chao He Suan NB is a community discount store. At that time, she proposed the goal of achieving RMB100 billion GMV in three years, and if the company's GMV successfully reaches RMB100 billion in this fiscal year, the target will be achieved ahead of schedule. AASTOCKS Financial News Website: www.aastocks.com |
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