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Apart from Chinese domestic companies, JLABS Shanghai has also attracted those from the United States, Canada, Singapore and Belgium.

Another Chinese delivery giant SF Holding Co Ltd is also accelerating its global expansion. It has announced a joint venture with logistics giant UPS to provide international delivery services from China to the United States, and eventually to global markets.

Apart from the physical store, the brand's products are also available on its official Chinese website and internet giant Alibaba's e-commerce platform Tmall. The company's two signature products are sold in the stores, priced at 899 yuan (1) and 1,099 yuan.

Another scam involved suspects claiming to be from civil affairs departments or charities asking for public donations through fake text messages or websites.

Another reason for delisting has been poor share price performance in a bull market because of waning market confidence.