O2O Business definition
Examples of O2O Business in a sentence
The current business model of Mama100 E-commerce under the Structure Contracts comprises O2O Business and B2C Business.
Under the B2C Business model: • Similar to the O2O Business model, customers of the Group place orders for the Group’s products with any of Mama100 E-commerce’s online platforms and make payments for these orders via online payment methods to the relevant member of the Group which will supply the products ordered.
In 2014, the Group entered into legal arrangement with Mama100 E-commerce through a series of contracts, namely the 2014 Structure Contracts, in order to conduct and develop the Group’s the e-commerce business and in particular its O2O Business.
Under the O2O Business model: • Mama100 E-commerce maintains and operates online platforms through (i) its self-owned website and mobile application, and (ii) online stores established on third parties’ platforms including WeChat ( 微 信 ).