 NEW YORK, March 17, 2020 GLOBE NEWSWIRE -- iFresh, Inc. iFresh or the Company IFMK, a leading Asian American grocery supermarket chain and online grocer, announced today that the Company has entered into a purchase agreement, pursuant to which the Company agreed to acquire 70 of equity interests in Xiamen DL Medical Technology Co. Xiamen DL, Ltd., specializing in research and development of technology, manufacturing, and distribution of medical and non-medical protective masks, cotton spinning textiles, knitwear, daily necessities, kitchen and toilet appliances, and other related goods. 