Fresh Food Platform Yiguo is Exposed to Bankruptcy and Reorganization
Former employees of Yiguo have confirmed that Yiguo has indeed entered bankruptcy and reorganization. "In April 2019, more than 100 people in the marketing department had almost left. The company has always wanted to refinance but failed," the former employee said.
Another former employee of Yiguo Fresh claimed: "The development of Yiguo Fresh on the C-end has not met expectations, being surpassed by Fresh Hema. And, it failed to transform to the B-side especially cold chain logistics."