Dada Group, Lianhua Supermarket expand strategic partnership

Nachrichtenquelle: globenewswire
28.11.2020, 08:31  |  115   |   |   

China’s leading local on-demand delivery and retail platform, and Lianhua Supermarket Holdings Co., Ltd. (00980.HK), the country’s major chain retail operator with a full range of retail segments…

Shanghai, China, Nov. 28, 2020 (GLOBE NEWSWIRE) -- Dada Group (Nasdaq: DADA), China’s leading local on-demand delivery and retail platform, and Lianhua Supermarket Holdings Co., Ltd. (00980.HK), the country’s major chain retail operator with a full range of retail segments, announced that they have expanded their strategic partnership, with a focus on omni-channel fulfillment, product management and marketing. To commemorate this milestone, Philip Kuai, Founder, Chairman and CEO of Dada Group; and Tao Xu, General Manager of Lianhua Supermarket; signed a new partnership agreement at a ceremony in Shanghai.

As a 30-year-old State-owned retail enterprise, Lianhua Supermarket and its subsidiaries operate more than 3,400 outlets including hypermarkets, supermarkets and convenience stores across the nation. It is hoped that through the “retail plus logistics” mode, Dada can help Lianhua Supermarket improve efficiency and revenue, and work together to deliver quality products to consumers’ homes within just one hour.

“The upgrading of the partnership with Lianhua is sign of recognition and mutual trust of our past five years of cooperation. It also demonstrates our confidence in future opportunities for further collaboration,” said Kuai. “Dada Group will adhere to the concept of ‘openness, cooperation and win-win’, continuously create value for our partners, and lead the development of the industry together with high-quality partners to better meet consumers’ real-time shopping needs.”

“JDDJ (the on-demand retail platform of Dada Group) has always been a key partner of Lianhua Supermarket in the field of retail digitalization and transformation. The expanded partnership with Dada Group is an important move for Lianhua Supermarket to further enhance its online business,” said Xu. “Through the cooperation, Lianhua Supermarket will vigorously expand online channels and accelerate online and offline integration.”

According to the agreement, Dada Group will continue to work together with Lianhua Supermarket in the fields of online traffic support, fulfillment optimization, product management, user operation and marketing activities. 

In the first three quarters of this year, nearly 900 Lianhua Supermarket stores have been integrated into JDDJ platform. Lianhua Supermarket plans to launch all its offline stores on JDDJ by the third quarter of 2021 and ensure the product supply on the platform.

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Dada Group, Lianhua Supermarket expand strategic partnership China’s leading local on-demand delivery and retail platform, and Lianhua Supermarket Holdings Co., Ltd. (00980.HK), the country’s major chain retail operator with a full range of retail segments…Shanghai, China, Nov. 28, 2020 (GLOBE NEWSWIRE) - …

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