Man Wah to expand third & fourth tier market and online retail
China’s leading motion sofa supplier Man Wah declares after a recent shareholder’s meeting that it plans to sell on JD.com, another Chinese online retailer giant which recently went public in NASDAQ.
China’s leading motion sofa supplier Man Wah declares after a recent shareholder’s meeting that it plans to sell on JD.com, another Chinese online retailer giant which recently went public in NASDAQ. Man Wah has started their online selling on tmall.com of Alibaba Group already and will start their own online store in this October.
Meanwhile, Wong Man Li, the Chairman of Man Wah also says the first phase of Man Wah factory in Tianjin will start operation since this November with production capacity of 200,000 sets of sofa. The second phase of the factory will be completed 3 years later.
Another new factory of Man Wah in Suzhou, an eastern China is already in operation. The company is going to focus on expanding the third and fourth tier market in China.