December 1, 2022

Y M L P-211

Business – Once You

Onion Global Announces Upgraded “Supply-to-Business” Strategy Integrating Upstream Supply Chain and Expanding B2B Customer Base | News

GUANGZHOU, China, April 14, 2022 /PRNewswire/ — Onion International Limited (“Onion International”, the “Team” or the “Enterprise”) (NYSE: OG), a subsequent-generation lifestyle manufacturer system that incubates, markets, and distributes the world’s clean, fashionable, and long term makes to young people today in China and throughout Asia, right now announced that it unveiled an upgraded “Source-to-Company” (“STB”) method integrating upstream provide chain capabilities with expanding B2B buyer base.

With the upgraded STB approach, Onion World-wide will make a tremendous trading system with a in depth functioning system that provides company support straight to B2B shoppers on matters related to offer chain, details assessment, and manufacturer transactions. 

Important technique highlights:

  • Backed by its strengths in Brand, Technologies, and Factories, Onion World wide will provide B2B prospects with turnkey answers spanning from manufacturer incubation, engineering enhancement, and adaptable provide chain support to assistance B2B clients create tailored items and launch new brands.
  • The Orion Manufacturer Administration platform, an built-in technique designed for B2B shoppers will give answers throughout R&D, solution, branding, promoting, and details analytics.
  • Onion World wide will aid B2B buyers achieve a wider array of customers throughout the globe via its impressive gross sales and logistics channels, including O’Mall, a worldwide cross-border e-commerce system, CosyFans, a Southeast Asian cross-border e-commerce platform, Minibuyer, a private domain shop and staff management tool, and E-Speedy, an IoT company company.

Mr. Cong (Kenny) Li, Founder, and CEO of Onion World wide commented, “B2B customers are incredibly beneficial and we strongly feel that they will combine intently with B2C shoppers in the long term. When B2B customers acquire their own company and earnings versions, they are continually producing new customer need and harvesting highly certified B2C shoppers. Grounded by our global source chain and shut-loop branding eco-process, we will give a complete, multi-amount, and comprehensive-spectrum of brand name companies for a lot more B2B consumers, organization merchants, and sellers. As we put far more emphasis on B2B consumers, Onion Global’s “STB” product will broadly empower all sorts of enterprises and person business people and offer an upgraded enterprise product catering to the evolving consumer marketplace.”

China’s B2B marketplace is promptly increasing, driving escalating need for source chain and technological innovation products and services from B2B buyers. As the regulatory ecosystem is tightening and the pandemic proceeds to carry uncertainty, Onion World has main competitive pros in functioning manufacturers throughout community and private domains, and gains from the solid development of its current market place, user base, and non-public area visitors.

Harmless Harbor Assertion

This push launch incorporates ahead-hunting statements. These statements are produced below the “harmless harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historic information, like statements about the Company’s beliefs and expectations, the Company’s forecasts, common observation of the sector, and business enterprise outlook, are ahead-looking statements. Ahead-wanting statements require inherent threats and uncertainties and a amount of factors could bring about actual success to differ materially from those contained in any forward-seeking statement. In some situations, forward-seeking statements can be discovered by terminology this sort of as “may perhaps,” “will,” “expects,” “anticipates,” “target,” “aim,” “long run,” “intends,” “programs,” “believes,” “probable,” “estimates” “continue on,” “is/are probable to,” or other identical statements. Further information and facts pertaining to these and other hazards is bundled in Onion Global’s filings with the SEC. All information and facts delivered in this press launch and in the attachments is as of the date of this push launch, and Onion World-wide does not undertake any obligation to update any forward-searching assertion, besides as needed under relevant regulation.

About Onion World-wide Restricted

Onion International Confined (NYSE: OG) is a following-technology life-style manufacturer system that incubates, marketplaces, and distributes the world’s refreshing, fashionable, and future makes, which we refer to as “3F brand names,” to younger people in China and across Asia. The Firm’s mission is to be the dream factory of life-style models for youthful folks. The Firm’s system gives an integrated resolution to produce, industry, and distribute new and inspiring branded products and solutions, thus reshaping the lifestyle purchasing and purchaser lifestyle in China. Onion Worldwide Limited has been stated on New York Inventory Trade since May 2021.

For a lot more facts, be sure to pay a visit to: http://ir.msyc.com/.

Trader Relations Speak to

In China:

Onion Global Ltd.

Investor Relations

E-mail: [email protected]

Christensen

Mr. Eric Yuan

E-mail: [email protected]

Tel: +86-10-5900-1548

In the United States:

Christensen

Ms. Linda Bergkamp

E-mail: [email protected]

Tel: +1-480-614-3004

Cision View initial written content:https://www.prnewswire.com/information-releases/onion-world-announces-upgraded-offer-to-small business-system-integrating-upstream-provide-chain-and-growing-b2b-shopper-foundation-301525539.html

Resource Onion World Limited