Euro Asia Rebrands as QMD International
Hong Kong, SAR Peoples' Republic of China, 24 March, 2020
Euro Asia Premier Real Estate Company Limited (JT9; ISIN: VGG3223A1057) is announcing the change of its corporate name to QMD International Holdings Company Limited.
Chairman Patrick P.L. Chan explains the reason for the name change: “In 2019 we have reported a strategy shift, that puts the company on two pillars – real estate asset management and digital commerce. Our company has adopted a holding structure concept, under which different types of businesses will be developed.” The acquisitions announced on September 24, 2019, was a key step in branching into the digital commerce segment, while the company further explores dynamic business opportunities in the Chinese market.
QMD Marketplace will be a start-up digital marketplace that provides unique B2C services by offering special promotions to its active membership base. Key to its business model is the ability to refer its member base to well established external retail platforms as well as its own suppliers while keeping the actual sale in house. This way, QMD Marketplace can gain both sales, sales commissions as well pass on a discounted rate to its user base.
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