SAN GABRIEL, California,
October 16, 2018 /PRNewswire/ --
ChineseInvestors.com, Inc. (OTCQB:
CIIX) ("CIIX" or "the Company"), a leading online financial
information provider and seller of industrial hemp CBD products for
the global Chinese community, today announced that its subsidiary,
CBD Biotechnology Co. Ltd., has entered into Alibaba Group's Tmall
(NYSE: BABA), China's largest
e-commerce marketplace for global and domestic brands and
retailers.
This move significantly expands the Company's footprint and
reach of its full line of CBD skincare products to
include Alibaba's 500 million registered customers
on Taobao and Tmall just in time to welcome the
Double 11, also known as Singles' Day, and Double 12 Shopping
Festivals. These two national events occur between
October and December and have historically yielded China's highest volume of sales for online
merchandise, adopted by online retailers and driven
by Alibaba's Taobao and Tmall. Singles' Day is
a national occasion for single adults to celebrate and socialize,
which is highlighted by shopping festivals.
Warren Wang, CEO of
Chineseinvestors.com, commented, "CBD Biotechnology Co. Ltd. is not
only one of the first companies to produce and sell CBD skincare
products in China, but now it is
the first CBD skincare company to enter Tmall. We now have
significantly extended our sales channel and through our dedication
in educating our audience on the benefits of our product, believe
that we are on the path to strengthening our brand influence for
the massive cosmetics industry within China and the global Chinese community. From
October 15 through the end of
December 2018, our company will
invest 2.5 million RMB in online
marketing and advertising for all of our CBD skincare product
lines. The total single day volume of transactions during the
Double Eleven Shopping Festival in 2017 reached 168.2 billion. We
are thrilled to be participating in the Double 11 and Double 12
Shopping Festivals this year."
Alibaba's Tmall global e-commerce marketplace provides a variety
of products and high-quality brands on its e-commerce online
platform. According to the agreement, Tmall will feature CBD
Biotechnology's skincare line for its 500 million registered
customers, providing a new opportunity for CIIX to expand the reach
of its products into the Chinese market.
Xiangyang Hui, CEO of CBD
Biotechnology Co. Ltd., adds, "Of the hundreds of thousands of
companies that apply for authorization to be included on Tmall, few
are approved, making this one of the most sought after e-commerce
platforms. This is an amazing opportunity and huge accomplishment
to successfully open our own store. We will be advertising on
well-known online platforms and apps like Today's Headline,
Tik Tok, Huoshan.com, Watermelon
Video, Iqiyi and Baidu Information Flow. We estimate that from
October 2018 to September 2019, the total sales of CBD skincare
products will have the opportunity to reach 12 million RMB."
For further information, please visit CBD Biotechnology Co.
Ltd.'s Tmall store at https://xibidihzp.tmall.com.
About ChineseInvestors.com (OTCQB: CIIX)
Founded in 1999, Chineseinvestors.com has developed a
proprietary financial news media and content platform providing
information to the global Chinese-speaking community, in
China, the United States, Canada and around the world. This platform
provides access to the estimated 20% of the global population that
speaks Mandarin, the largest language group in the world. The
Company is leveraging this platform and expanding its offerings to
include additional products and services. The Company has launched,
through its wholly owned subsidiaries CBD Biotechnology Co. Ltd.
and ChineseHempOil.com, Inc., the websites ChineseHempOil.com and
uscbd.net, to generate online sales of the Company's industrial
hemp-derived CBD products in both the U.S. and China. These assets make ChineseInvestors.com,
Inc. the world's first U.S. publicly traded company promoting
hemp-derived CBD products for the Chinese community.
Chineseinvestors.com has headquarters in San Gabriel, California, with primary offices
and facilities in New York and
Shanghai, China.
For more information, visit ChineseInvestors.com
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Forward-Looking Statements
This release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended.
All forward-looking statements are inherently uncertain as they are
based on current expectations and assumptions concerning future
events or future performance of the company. Readers are cautioned
not to place undue reliance on these forward-looking statements,
which are only predictions and speak only as of the date hereof. In
evaluating such statements, prospective investors should review
carefully various risks and uncertainties identified in this
release and matters set in the company's SEC filings. These risks
and uncertainties could cause the company's actual results to
differ materially from those indicated in the forward-looking
statements.
Contact:
ChineseInvestors.com, Inc.
227 W. Valley Blvd, #208 A
San Gabriel, CA 91776
Investor Relations:
Alan Klitenic
+1-214-636-2548
Corporate Communications:
NetworkNewsWire (NNW)
New York, New York
http://www.NetworkNewsWire.com
+1-212-418-1217 Office
Editor@NetworkNewsWire.com
SOURCE ChineseInvestors.com, Inc.