Business
Reitar Logtech Teams Up with Xianmu Technology, a Leading Force in China Serving 300,000+ Casual Catering Businesses, to Launch Tokenized Smart Supply Chain Ecosystem and Transform Global Food Supply Chain
HONG KONG, Oct. 10, 2025 (GLOBE NEWSWIRE) -- Reitar Logtech Holdings Limited (NASDAQ:RITR)(“Reitar” or “The Company”), Asia’s leading integrated Property +
About this update from Reitar Logtech Holdings Limited
[{"type":"text","content":"HONG KONG, Oct. 10, 2025 (GLOBE NEWSWIRE) -- Reitar Logtech Holdings Limited (NASDAQ:RITR)(“Reitar” or “The Company”), Asia’s leading integrated Property + Logistics Technology (PLT) solutions platform, announced at the “Reitar Global Food Supply Chain Ecological Seminar”, a strategic partnership with China’s top casual catering supply chain provider, Hangzhou Xianmu Technology Co., Ltd. (“Xianmu”). Xianmu delivers one-stop smart supply chain solutions for the casual catering market, covering more than 120 major cities and benefiting over 300,000 restaurant clients. Its founder, Jiang Tao, along with several co-founders, has previously worked at Alibaba, possessing rich experience in supply chain and digital transformation, leading Xianmu to successfully complete multiple rounds of financing and technological innovation. Through this collaboration, both parties are joining forces to jointly create a global tokenized smart supply chain ecosystem for casual catering, ushering in a new era of digital finance for the industry. According to the agreement, Reitar and Xianmu will set up a joint venture for Hong Kong and overseas markets. By combining Reitar’s global logistics ecosystem platform, smart cold chain facilities and blockchain RWA (Real World Asset) tokenization with Xianmu’s advanced digital procurement platform and supply chain management, the partnership will accelerate a full-scale digital, financial, and global transformation for casual catering supply chains, aiming to establish the world’s first “AI-driven Smart Catering Supply Chain Platform.” Leveraging proprietary commercial AI, the Xianmu team achieves 100% supply chain fulfillment coverage, with AI recognition accuracy reaching 95%, greatly boosting operational intelligence and efficiency in the foodservice supply chain. As a leading player in China’s B2B restaurant supply space, Xianmu’s market share has expanded rapidly—with annual GMV growth surpassing 300% in recent years and product SKUs increasing from several hundred to nearly a thousand, highlighting robust competitiveness and momentum. This collaboration will help both companies accelerate expansion into new and established markets globally—especially in Southeast Asia and the Middle East—advancing digital transformation for Chinese cuisine worldwide. With a footprint in over 120 mainland Chinese cities ...