Jowell Global’s 2021 Double 12 Shopping Festival a Success With 74.7% GMV Growth
28 Dezember 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 strong results from its 12-day 2021 Double 12
Shopping Festival. Over $9.7 million was generated in gross
merchandise volume (GMV) during the festival, which is an
extraordinary 74.7% growth from last year.
Mr. Zhiwei Xu, Chief Executive Officer and Chairman of Jowell
Global Ltd, commented: “As one of the leading cosmetics, health and
nutritional supplements, and household products e-commerce
platforms in China, Jowell Global has been constantly innovating in
order to identify and address rapidly changing consumer trend.
Looking forward, Jowell Global seeks to seize growth opportunities
in the health and beauty markets with new ideas and initiatives to
provide better products and services to consumers, and strive to
deliver better results in the upcoming New Year's Day and Spring
Festival.”
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/
Note: GMV for the 2021 Double 12 Shopping Festival is the total
value of orders settled through our platform from December 1, 2021
to December 12, 2021. It is reported on a real-time basis and
includes shipping charges paid (where applicable). GMV disclosed in
this press release is denominated in RMB; year-over-year
comparisons and growth rates are calculated on the basis of RMB
amounts and are not affected by foreign exchange rate fluctuations.
All translations of RMB into US$ are made at RMB1=US$0.15696, the
average exchange rates from December 1, 2021 to December 12, 2021
announced by the People’s Bank of China. All GMV and other figures
presented in this press release are unaudited and subject to
adjustments.
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 ZhaoEmail:
IR@1juhao.com
The Blueshirt GroupMs. Susie WangEmail:
susie@blueshirtgroup.com
In the United States:The Blueshirt GroupMs. Julia QianEmail:
julia@blueshirtgroup.com
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