Gfresh, China’s online business-to-business marketplace for seafood, is expecting its sales to reach CNY 10 billion (€1.3 billion/$1.5 billion) by the end of next year as the Chinese market continues to explode.
The company saw sales reach CNY 3 billion (€383.2 million/$459.3 million) last year up from CNY 1 billion (€127.7 million/$153.1 million) the year before, so growth is happening fast, said Gfresh co-founder Anthony Wan.
Gfresh launched just three years ago and has seen rapid market adoption, with currently more than 1,000 sellers from over 28 countries and 12,000 buyers on its platform.
