Managing Director, Bryan CarrSource: The Market Herald
- RooLife Group (RLG) and AFT Pharmaceuticals (AFP) have launched a New Zealand-branded online health and pharmacy store in China
- The pharmacy store, labelled Kiwi Health, in an online marketplace for AFT's well-known portfolio of health and wellbeing products to be sold to consumers in China
- It will be operated by RooLife and was launched on Alibaba's Tmall platform with the support of New Zealand Trade and Enterprise
- The launch of Kiwi Health was in preparation for Alibaba's 11.11 Global Shopping Festival on November 11 which is the world's largest online shopping event
- Both RooLife and AFT Pharmaceuticals are steady on the market with shares respectively trading for 4.3 cents and $4.65