Previous Close | 0.1681 |
Open | 0.1685 |
Bid | 0.0000 x 900 |
Ask | 0.1609 x 900 |
Day's Range | 0.1567 - 0.1678 |
52 Week Range | 0.0860 - 5.5000 |
Volume | |
Avg. Volume | 18,318,091 |
Market Cap | 37.484M |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | N/A |
EPS (TTM) | -4.4620 |
Earnings Date | Nov 11, 2021 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 7.88 |
A Beijing consumer rights group said on Tuesday it had asked Missfresh to work on plans to refund its customers and explain how it will rectify its business after receiving a number of complaints, adding to pressures facing the Tencent Holdings and Tiger Global-backed grocery startup. The government-backed Beijing Consumer Association said in a statement on its website on Tuesday that a large number of Missfresh customers had complained about the platform's "abnormal operations". Missfresh did not immediately respond to a request for comment.
The country’s once hot grocery-delivery sector has cooled after continuous losses, a regulatory clampdown and a slowing economy.
Nasdaq-listed retailer Missfresh , one of the new faces of Chinaʼs e-commerce sector, collapsed on Thursday with a dramatic announcement that it was dismissing most of its employees and leaving hundreds of suppliers unpaid. The meltdown of Missfresh, which has raised at least US$2 billion from big-name investors including Tencent Holdings and Tiger Global, is another cautionary tale for investing in China-focused internet services, as the world's No 2 economy quickly loses momentum with Beijing'