China Jo-Jo Drugstores Launches Free in-store Wi-Fi Access to Develop its Online to Offline (O2O) Business

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May 14, 2015, 09:00 ET

HANGZHOU, China, May 14, 2015 /PRNewswire/ -- China Jo-Jo Drugstores, Inc. (NASDAQ CM: CJJD) (the "Company" or "China Jo-Jo"), a leading China-based retail and wholesale distributor that offers pharmaceutical and health care products through its online and retail pharmacies, today announced the Company has launched free Wi-Fi assess in all of its 60 retail pharmacies in Hangzhou. The move intends to strengthen the integration of China Jo-Jo's online and offline businesses and provide location based services to both users and merchants in the future as well as develop online to offline (O2O) business opportunities.

By providing free WI-FI to our in-store customers, they can now easily access the vast product selection on our ecommerce platform by scanning our QR code, and complete new purchases via Alipay, WeChat or other mobile applications. Our pharmacy sales staff will conduct sales and marketing more precisely as they now have access to our internal database through a mobile application to better understand customers' spending behavior and their specific needs for healthcare products and services. The Wi-Fi access also improves the Company's internal operation as it can now manage the shelf space through a mobile terminal, as well as provide real-time sales training and marketing material to our sales force

Ms. Qi Li, President of China Jo-Jo, commented, "Setting up the WI-FI hotspots in stores is not only for the need of collecting useful information about our existing and potential customers, but also a marketing strategy to attract new customers and to provide better customer experience. We expect to bring better personalized healthcare service for the customers through more data collection and analysis."

About China Jo-Jo Drugstores, Inc.

China Jo-Jo Drugstores, Inc., through its own retail drugstores, wholesale distributor and online pharmacy, is a leading retailer and wholesale distributor of pharmaceutical and healthcare products in China. As of December 31, 2014, the Company had 60 retail pharmacies in Hangzhou. The Company's wholesale subsidiary not only supplies its retail stores, but also distributes drug and other healthcare products to other drugstores and drug vendors. The Company routinely posts important information on its corporate websites at www.jiuzhou-drugstore.com (Chinese) and www.chinajojodrugstores.com (English).

Forward Looking Statement

Statements in this press release regarding the Company that are not historical facts are forward-looking statements and are subject to risks and uncertainties that could cause actual future events or results to differ materially from such statements. Any such forward-looking statements, including, but not limited to, financial guidance, are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the use of forward-looking terminology such as "believe," "expect," "estimate," "may," "will," "should," "project," "plan," "seek," "intend," "anticipate," the negatives thereof, or comparable terminology. Such statements typically involve risks and uncertainties and may include financial projections or information regarding the progress of new product development. It is routine for the Company's internal projections and expectations to change as the quarter and year progresses, and therefore it should be clearly understood that the internal projections and beliefs upon which the Company bases its expectations may change. Although these expectations may change, the Company is under no obligation to inform you if they do. Actual results could differ materially from the expectations reflected in such forward-looking statements as a result of numerous factors, including the risks associated with the effect of changing economic conditions in the People's Republic of China, variations in cash flow, reliance on collaborative retail partners and on new product development, variations in new product development, risks associated with rapid technological change, and the potential of introduced or undetected flaws and defects in products. Readers are referred to the reports and documents filed from time to time by the Company with the Securities and Exchange Commission for a discussion of these and other important risk factors that could cause actual results to differ from those discussed in forward-looking statements.

SOURCE China Jo-Jo Drugstores, Inc.