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    Yonghui may be a brick-and-mortar retailer, but it innovates like a tech company. This year it launched an offshoot called Yonghui Mini—a network of small, fresh-food groceries that are supplied by a larger central supermarket. It’s likely that style of thinking attracted tech superstars JD.com and Tencent to invest. Those Internet-savvy backers will help Yonghui advance into the world of “new retail.”

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    Company Information

    Overall Score1.4
    Sector
    Consumer Staples
    Industry
    Food and [hotlink]Staples[/hotlink] Retailing
    CEO
    Ben Keswick
    Websitehttps://www.yonghui.cn
    HQ Location
    Fuzhou, China
    Country
    China
    Revenues ($M) (Past 12 Months)$11,325
    Profits ($M) (Past 12 Months)$281
    Market Value as of Oct. 9, 2019 ($M)$11,969
    Employees92,047
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