Total
0
Shares
RooLife Group (ASX:RLG) - Managing Director, Bryan Carr
Managing Director, Bryan Carr
Source: The Market Herald
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • eCommerce and digital marketing company RooLife Group (RLG) markets Australia’s best-selling kombucha product in China
  • RLG will manage and operate social media and eCommerce platforms for Remedy Drinks International’s products to support and drive sales and distribution activities
  • Under the contract, RLG must meet a minimum revenue target of $5 million over a three-year period, which will be scaled up each year
  • RooLife Group was up 16 per cent, trading at 2.9 cents at 1:10 pm AEST

RooLife Group (RLG) has dived into an agreement with Remedy Drinks International to launch Australia’s best-selling kombucha product in China.

Following the agreement, RLG will manage and operate social media and eCommerce platforms in China to support and drive sales of Remedy’s products and distribution activities.

Remedy is currently Australia’s number one kombucha brand, with sales stretching across New Zealand, Canada, US, UK and parts of Asia. Through the agreement, RLG has been appointed exclusive distribution rights in China.

Under the contract, RLG must meet a minimum revenue target of $5 million over a three-year period, which will be scaled up each year.

“We are excited to be working with Remedy Drinks and to be marketing and selling such a highly successful brand into China,” RLG Managing Director Bryan Carr said.

“With strong and growing demand for healthy foods in a market the size of China, we see great potential for Remedy Drinks and we are delighted to be partnering as their exclusive distributor.”

RLG is now representing and driving sales for a growing number of products and brand names into China, like Murray River Organics’ health food, Colab dry shampoo and Nuria skincare.

RooLife Group was up 16 per cent, trading at 2.9 cents at 1:10 pm AEST.

RLG by the numbers
More From The Market Herald

" Jatcorp (ASX:JAT) subsidiary signs dairy deal as Shanghai store opens

Jatcorp’s (JAT) subsidiary has signed a three-year deal to produce dairy products, with revenue expected to total $10 million in the first year
Experience Co (ASX:EXP)

" Experience Co (ASX:EXP) acquires Trees Adventures and Maria Island Walk

Adventure tourism business, Experience Co (EXP) has announced the completion of its acquisitions of Trees Adventure and the Maria Island Walk.