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Focus on the apparel category is the main factor for profitability improvement.
Kimstore has managed to secure a loyal following.
The company’s business model of letting users whip up friends to buy in bulk is a hit.
Its revenue growth lags behind.
A little flexibility goes a long way.
It’s a giant leap from selling cheap fruit deals
Small shops have a new channel to reach more than 100 million potential customers.
This follows reports in April that the company canceled basic salaries and benefits for couriers in the wake of huge losses.
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