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Are Yili and Mengnai greatly affected by the epidemic?
Although Yili Co., Ltd. is a leading dairy enterprise, from the historical experience during the SARS period, the impact of the novel coronavirus epidemic on the company's performance should be small, which is why Yili Co., Ltd. is so resilient after the holiday.
The severity of the epidemic has led to the closure of major domestic retailers, which has led to a decline in the offline purchasing power of dairy products. However, in recent years, driven by the Internet and big data application technology, Yili shares have continuously expanded online e-commerce channels, jointly established collaborative warehouses with JD.COM, and deeply integrated online services, offline experiences and modern logistics. In 20 18, the company's e-commerce business income increased by 6 1% compared with the previous year, achieving rapid development.
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