Founded in 1994, Wumai Group is one of the largest multi-brand retailers in China with more than 1,800 multi-format stores nationwide. in 2020, the Group's annual revenue exceeds RMB 100 billion (approximately US$16 billion). As of July 2020, Wumai Supermarket has more than 700 supermarkets and convenience stores with annual revenue of over RMB 50 billion (approximately US$7 billion).