Dada Group and China Resources Vanguard upgrade strategic cooperation

On July 24, Dada Group, a leading domestic instant retail and distribution platform, and China Resources Vanguard, a leader in the domestic retail sector, announced that the two parties have upgraded their strategic partnership.

On July 24, Dada Group, a leading domestic instant retail and distribution platform, and China Resources Vanguard, a leader in the domestic retail sector, announced that the two parties have upgraded their strategic partnership.

Kuai Jiaqi, the founder, chairman of the board and CEO of Dada Group, and Xu Hui, general manager of China Resources Vanguard Co., Ltd., signed the strategic cooperation agreement. The two parties will deepen cooperation in various fields such as omni-channel performance, product management, users, and marketing.

According to the strategic cooperation agreement, in terms of omni-channel fulfillment and delivery, the JD Daojia platform of Dada Group will provide China Resources Vanguard with the technical output of three types of fulfillment solutions, including full warehouse, half warehouse and full store, to help further optimize the timeliness of fulfillment of the service.

In April 2018, China Resources Vanguard and Dada Group announced a comprehensive cooperation. At present, more than 1,600 stores of China Resources Vanguard’s companies have launched services on JD Daojia.

Over the past two years of cooperation, China Resources Vanguard’s sales on JD Daojia have maintained rapid growth. Its sales in 2019 increased by 7 times compared with 2018. In the past three months (April-June), its sales increased by 13.5% month-on-month.

On July 18 this year, during the anniversary of China Resources Vanguard, it hit a record high of single-day sales on JD Daojia.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/07/25/dada-group-and-china-resources-vanguard-upgrade-strategic-cooperation/.

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