Farmmi Announces The Launching of Its New Warehousing And Distribution Center Services in North America
On the first day of its operations on August 12, 2024, the distribution center received warehousing orders for 28 shipping containers. With the grand opening of the warehousing and logistics center, the Company has started a new chapter of its business and development.
Farmmi, Inc. ("Farmmi" or the "Company") (NASDAQ: FAMI), an agriculture products supplier in China, today announced a successful opening of the Company's warehouse and distribution center in Los Angeles, California. On the first day of its operations on August 12, 2024, the distribution center received warehousing orders for 28 shipping containers. With the grand opening of the warehousing and logistics center, the Company has started a new chapter of its business and development.
In July 2024, The company established its first warehouse and logistics center following the acquisition of the right to use a large storage facility located in Los Angeles, California. After nearly a month of preparation, the logistics center began trial operations on August 12, 2024 and had a successful opening day with the number of customer orders far exceeding management's expectations. In the coming days, the company's American team will accelerate its efforts and strive for greater operating results. To that end, the company's business in North America has entered a rapid development stage.
Ms. Yefang Zhang, Farmmi's Chairwoman and CEO, commented, Farmmi, a major agricultural products supplier in China, having operated in the Chinese agricultural products industry for more than 20 years, has formed a stable international customer base, and accumulated rich experience in the operation and management of agricultural products supplies and sales. In order to further expand international cooperation and create long-term value for its shareholders, the company is committed to and has implemented strategies for international business expansion in the recent years. The successful launch of its warehouse and logistics services center in the U.S. marks a significant development for the company in achieving organic growth and international expansion.
About Farmmi, Inc.
Established in 1998, Farmmi Inc. (Nasdaq: FAMI) is an agricultural products supplier, processor and retailer of edible mushrooms like Shiitake and Mu Er, as well as other agricultural products. Farmmi sells its products both online and offline. For further information about the Company, please visit Farmmi's website.