CHPFF - Dada Group to provide omni-channel on-demand delivery services for CP Lotus and CP Fresh Mart
Dada Group (NASDAQ:DADA) to provide omni-channel on-demand delivery services for CP Group's (Charoen Pokphand Group) CP Lotus, a leading supermarket chain and CP Fresh Mart, a community-based supermarket in China. CP Group is one of the world's most influential multinational company operating by ethnic Chinese. As per the partnership, Dada's "Dedicated Delivery" service will be adopted in CP Lotus and CP Fresh Mart's stores, covering Beijing, Zhengzhou and Chongqing in the first round. The cooperation will further expand to more categories and businesses, and improve order fulfillment efficiency in more regions throughout the country. According to JDDJ data, in 1H21, CP Lotus' sales on JDDJ increased by over 1.5 times Y/Y. The average delivery time for CP Lotus and Fresh Mart's online orders on JDDJ was about 40 minutes from January 1st to July 31st, 2021. Mr. Mingyang Zhu, Head of Key Account Business at Dada Now, said that as a well-known multinational
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Dada Group to provide omni-channel on-demand delivery services for CP Lotus and CP Fresh Mart