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Too much money? Supermarket chain Pangdonglai forecasts 40% revenue growth

Summary by Dao Insights
On 28 October, it was reported that the viral supermarket chain Pangdonglai (胖东来, lit. Fat Donglai, also DL) is projected to earn over 15 billion RMB (2.10 billion USD) in 2024, increasing over 40% year-on-year (YoY). The number comes from the Provincial Party Committee Publicity Department of Henan, in celebration of modernisation progress in the city of Xuchang, where Pangdonglai was founded. However, many online joke that the company will wor…
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Dao Insights broke the news in on Wednesday, October 30, 2024.
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