Happiness Biotech's e-Commerce business - Happy Buy, achieved over 70% growth in December

Happiness Biotech Group Limited (the "Company" or Nasdaq: HAPP), an innovative China-based nutraceutical and dietary supplements producer, announced today that Happy Buy, the Company's wholly-owned subsidiary focusing on e-commerce business, has achieved over 70% growth in December 2020, on a month-on-month basis. The total sales of Happy Buy in December have reached over $5.5 million compared with approximately $3 million in November.

"Thanks to the hard work of our Happy Buy team, we created continued momentum and again delivered great results in December. We are also very happy that we have attracted investors from the e-commerce industry this month. We believe that with the funds raised from these investors and the dedication of our Happy Buy team, Happy Buy will achieve more rapid development in the future. Meanwhile, we have another exciting news – we anticipate Happy Buy International to be launched around April, 2021. Overseas consumers will have also access to our services and products offered by Happy Buy in the near future," said Mr. Xuezhu Wang, CEO of the Company.