Jowell Global Ltd. Announces the Strategic Cooperation with Unilever’s Uni-Excubator
17 November 2021 - 2:00PM
Jowell Global Ltd. (“Jowell Global” or the “Company”) (NASDAQ:
JWEL), one of the leading cosmetics, health and nutritional
supplements, and household products e-commerce platforms in China,
today announced that Jowell Global and Unilever’s Uni-Excubator
held a strategic cooperation conference at the Longrich China
headquarters on October 22,2021. Mr. Zhiwei Xu, Chairman of Jowell
Global, and Mr. Jun Fang, Vice President of Data and Digital
Development of Unilever China, were in attendance. During the
conference, Jowell Global and Unilever’s Uni-Excubator jointly
announced their strategic cooperation in China's new social media
retail. The cooperation will start with Unilever’s Hazeline Snow
product line to be sold on the Company’s e-commerce platform to
accelerate its reach in the domestic scented body care market, and
enhance Hazeline Snow to upgrade the customized skin care solution
for the consumers in Chinese market.
Uni-Excubator is Unilever’s initiative to
partner with startup brands in China to incubate and scale their
development, using an innovative model of “Chinese Innovation with
Global Support”. The initiative seeks out opportunities for
new brands through open innovation and leverages Unilever’s
marketing prowess, wide-spread channels, R&D, and supply chain
capabilities.
Mr. Zhiwei Xu, Chief Executive Officer and
Chairman of Jowell Global Ltd, commented: “This collaboration
combines advantages of both parties. As one of China’s leading
e-commerce platforms for health and beauty products, Jowell Global
brings a sizeable distribution channel and sales resources as well
as platform support in the new social media retail realm to this
relationship.”
“This strategic cooperation is also a positive
indication of the Company accelerating its efforts in introducing
new brands and products to customers. Looking ahead, we remain
committed to collaborate with top global talents and companies to
diversify our product offering and expand further into high-end
cosmetics and health products markets. By integrating online,
offline, big data, logistics, service, and through self-owned,
celebrity, and international brands, Jowell Global plans to bring
high quality international and domestic products to millions of
families.” Mr. Xu concluded.
About Jowell Global Ltd.
Jowell Global Ltd. (the “Company”) is one of the
leading cosmetics, health and nutritional supplements and household
products e-commerce platforms in China. We offer our own brand
products to customers and also sell and distribute health and
nutritional supplements, cosmetic products and certain household
products from other companies on our platform. In addition, we
allow third parties to open their own stores on our platform for a
service fee based upon sale revenues generated from their online
stores and we provide them with our unique and valuable information
about market needs, enabling them to better manage their sales
effort, as well as an effective platform to promote their brands.
The Company also sells its products through authorized retail
stores all across China, which operate under the brand names of
“Love Home Store” or “LHH Store” and “Juhao Best Choice Store”. For
more information, please visit http://ir.1juhao.com/
Safe Harbor Statement
This press release contains forward-looking
statements. These statements are made under the "safe harbor"
provisions of the U.S. Private Securities Litigation Reform Act of
1995. Statements that are not historical facts, including
statements about the Company's beliefs and expectations, are
forward-looking statements. Forward-looking statements involve
inherent risks and uncertainties, and a number of factors could
cause actual results to differ materially from those contained in
any forward-looking statement. In some cases, forward-looking
statements can be identified by words or phrases such as "may,"
"will," "expect," "anticipate," "target," "aim," "estimate,"
"intend," "plan," "believe," "potential," "continue," "is/are
likely to" or other similar expressions. The Company may also make
written or oral forward-looking statements in its reports filed
with, or furnished to, the U.S. Securities and Exchange Commission,
in its annual reports to shareholders, in press releases and other
written materials and in oral statements made by its officers,
directors or employees to third parties. These statements are
subject to uncertainties and risks including, but not limited to,
the following: the Company’s goals and strategies; the Company’s
future business development; financial condition and results of
operations; product and service demand and acceptance; reputation
and brand; the impact of competition and pricing; changes in
technology; government regulations; fluctuations in general
economic and business conditions in China and assumptions
underlying or related to any of the foregoing and other risks
contained in reports filed by the Company with the SEC. For these
reasons, among others, investors are cautioned not to place undue
reliance upon any forward-looking statements in this press release.
Additional factors are discussed in the Company’s filings with the
SEC, which are available for review at www.sec.gov. The Company
undertakes no obligation to publicly revise these forward‐looking
statements to reflect events or circumstances that arise after the
date hereof.
For investor and media inquiries, please contact:
In China:
Jowell Global Ltd.
Ms. Jessie Zhao
Email: IR@1juhao.com
The Blueshirt Group
Ms. Susie Wang
Email: susie@blueshirtgroup.com
In the United States:
The Blueshirt Group
Ms. Julia Qian
Email: julia@blueshirtgroup.com
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