The Bright Food (Group) Co., Ltd has completed acquisition of eight overseas enterprises in five years with its foreign direct investment reaching about 16 billion yuan.
Operating revenue of the group's overseas enterprises accounts for around 20 percent of its total revenue, according to the group on Tuesday.
In order to take advantage of the Internet, the group rolled out an e-commerce platform, ucaiyuan.com, in February this year.
At present, the number of the registered users has exceeded 600,000 and the platform has reaped more than 66 million yuan of sales revenue, said Dong Qin, president of the group.
Under support of its food resources, the group will give priority to development of the fresh food e-commerce business in coming years, said Dong.
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