Retail

Thailand’s Zhengda and Red Bull family’s wealth has shrunk, and Wal-Mart has withdrawn from the five cities in four months.

Since 2019, Wal-Mart has closed six major stores in China, withdrawing from five cities - Qingdao, Haining, Lishui, Weifang and Zhenjiang. Wal-Mart withdrew from four cities in China in 2018: Wuhu, Tangshan, Shaoxing and Harbin.

Three years opened a thousand stores, "Fallen shrimp" will also expand the barbecue market

Shenzhen Humboldt Smart Food & Beverage Technology Co., Ltd. (hereinafter referred to as “Humboldt Wisdom”) has completed the B round of financing in recent days. The specific amount will not be announced for the time being. The investor is Paladin.