YuuZoo signs exclusive partnership with new China mall chain
It will develop the malls’ own social e-commerce network.
The mall chain is a new Korean-themed shopping, entertainment, and leisure mall concept.
In a media release, YuuZoo Corporation, the world’s first 3rd generation mobile social e-commerce company, today announced it has signed an exclusive partnership for the development of a social e-commerce network for the JW Lottedi Mega Malls in China.
JW Lottedi is part of Jingwei Group, which owns several companies nationwide and has total group assets of 2.6 billion RMB (US$416 million).
JW Lottedi Mega Mall is a new Korean-themed shopping, entertainment, and leisure mall concept. The first Mega Mall will be ready in August 2015 and is expected to be one of the most fashionable shopping complexes in the country, with some 600 merchants.
Through the exclusive tie-up, all the merchants of any JW Lottedi Mega Mall will be able to provide their products to the 700 million consumers reached by YuuZoo China’s virtual shopping mall through YuuZoo’s exclusive partnership with Great Sports Media Co Ltd, the fully owned sport, lifestyle and casual gaming division of Shanghai Media Group.