OP Retail Raises Funds For Global Expansion, Including UAE
OP Retail, a Chinese retail solution provider is extending its business globally after the round B financing. According to OP Retail, it has already entered 30 countries and will mainly aim at markets in South Africa, UAE, Singapore, the United States and the United Kingdom. Jayson Zhou, the founder of OP Retail, believes that the […]
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OP Retail, a Chinese retail solution provider is extending its business globally after the round B financing.
According to OP Retail, it has already entered 30 countries and will mainly aim at markets in South Africa, UAE, Singapore, the United States and the United Kingdom.
Jayson Zhou, the founder of OP Retail, believes that the company has now reached a turning point. “People used to intent more on digitalising the entire scene. But now the concept is changing, that is, they are more concerned about using digitalisation as tools and improving their daily store operations. I have confidence that with our rich experience, we can provide the same premium quality service globally with several tweaks.”
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With the success of cooperating with 60 per cent top 100 pharmacy chain stores at the beginning. OP Retail started developing its solutions for other industries, including Skechers, Adidas, Nike, Frank And Oak, Ochirly, ANTA, Bosideng, Miniso, M&G shop, KKV, Shake Shack, KFC. IKEA, TOTO, Tesla. Electronics brands: Dell, VIVO, HUAWEI, and Dubai Expo 2020.
Lu Hongyu, a partner of DT Capital, said: “We continue to be bullish on retail technology companies that help digital upgrades in all scenarios. OP Retail uses big data and cloud computing to empower the traditional offline retail service industry, greatly improving the operating efficiency and user experience in physical stores. We believe OP Retail will boost the retail industry growth with its constantly evolving digital service.”
