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Shandong Ya Nuoda E-Commerce Co., Ltd. (Headquarters: Jinan City, Shandong Province, China; Representative: Selina Dong; commonly known as Nengmao Studio; Magic Panda), a Chinese e-commerce service provider specialized in the apparel industry and a group company of transcosmos inc. (Headquarters: Tokyo, Japan; President and COO: Masataka Okuda) received the 2018 NEW ONLINE BUSINESS Service Provider Award at the “2018 annual e-commerce entrepreneurship summit”, an event hosted by Alibaba Group on December 16 and 17, 2018. The event was live-streamed on Alibaba Group’s official media “Global e-businessmen.”

At the “2018 annual e-commerce entrepreneurship summit,” Alibaba Group evaluated its service providers that support the NEW ONLINE BUSINESS based on multiple criteria such as their marketing capabilities, multi-channel operations capabilities, customer analysis, and service innovation capabilities. Among the seven award winners, Magic Panda won the 2018 NEW ONLINE BUSINESS Service Provider Award.

Magic Panda has been the hidden champion behind the success of nearly hundreds of fashion apparel and lifestyle brands in China’s e-commerce marketplace since it opened its doors in 2005, including Saks Fifth Avenue, Barneys New York, ADASTRIA, MONNIER Frères, Urban Outfitters, Free People, Miki House, Line Friends, and Stadium Goods. Today, more than 400 professionals in strategy, merchandise, design, marketing, operations, and after-sales service are leading the company’s e-commerce service with a sharp focus on the fashion apparel category.

Magic Panda helps famous international brands make a successful entry into the Chinese market by proposing a business model that suits the Chinese market by revising their conventional wholesaler-retailer market entry strategy to e-commerce to the retailer model. Working in the best interests of brands, Magic Panda will continue to grow as the most trusted, professional hidden champion of the e-commerce services industry in China.


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