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"Getting our brand known and our history and our company and the quality of our products, and the therapeutic credentials of some of our products known in China, is going to take some investment."

"Floating on Nasdaq is both a milestone and a starting point for 111 Inc and our mission is much bigger than public listing on the stock market," said Yu Gang, co-founder and executive chairman of 111 Inc.

"For the last quarter, which is between April and June, in order to ensure long-lasting growth, this number would be a bit lower. But for sure, it would be double-digit growth for China this year," he predicted.

"For dealers, the battle for customer loyalty starts right from the beginning."

"For gold retailers that are already well-known to consumers in China, developing online sectors and livestreaming e-commerce is no doubt a great way to boost revenue. However, it is more challenging for small and medium-sized companies, and gold jewelry processors and manufacturers, as they usually make transactions with companies and are less known to consumers," Wang said.