SHANGHAI, Nov. 11, 2021 /PRNewswire/ -- Dada Group (Nasdaq:
DADA) ("Dada" or the "Company"), China's leading local on-demand delivery and
retail platform, today announced record sales and deliveries during
2021 Singles Day Shopping Festival (the "Festival").
Singles Day, which falls on November
11 of each year, is China's
largest national online shopping event. This year, Dada Group and
JD.com jointly launched "Shop Now", enabling consumers to enjoy
"order online, delivery from store, within one hour" service when
purchasing products on the JD App during the Festival. They also
co-create "Nearby" tab, located at the top right of JD app,
connecting 530 million JD users to over 100,000 physical retail
stores on JDDJ, delivering a faster, cheaper, and better online
shopping experience.
Dada reported record sales and deliveries during 2021 Singles
Day Festival:
- Categories: During Singles Day Festival, sales of home
appliances on Shop Now and JDDJ increased by more than 10 times
compared to last year, smartphones increased by 4.7 times, while
books and videos, beauty and personal care, maternal and child,
pets all doubled sales.
- Retailers: Both national chain retailers and regional
retailing outlets achieved significant growth in online sales in
the Festival. Walmart continued to be the champion in sales on
JDDJ, setting a new high on November
11. Sales of Yonghui increased by 5 times on Shop Now
year-on-year, CR Vanguard increased by 4 times, CP Lotus, 7 Fresh,
and Aeon all increased by over 1.6 times.
- Brands: Top-selling smartphone and beauty brands, both
domestic and international, also saw boosts in sales on Shop Now
and JDDJ's platforms. Sales of Apple, Xiaomi, Samsung, and realme
increased by more than 10 times over last year's Festival on Dada's
platforms, while Honor and vivo increased by 8 and 6 times
separately. Watsons, Mannings, and Gialen all increased by 1.5
times in sales, China's sports
brand Xtep increased by 10 times.
- Deliveries: Dada Now provides
one-hour delivery and online order fulfillment services that are
not only stable, efficient and fast, but also flexible enough to
meet the peak-day need of Singles Day. The platform delivered more
than double orders for chain merchants during the Festival, and the
average order delivery time was 23 minutes on November 11. In addition, Dada autonomous
delivery operation system participated in Singles Day for first
time, which has been adopted by Sam's Club, 7 Fresh and Yonghui to
bring unmanned delivery for a dozen neighborhoods.
- Digitalization: As a SaaS product that enables retailers
to drive O2O sales while streamlining operations, Dada Haibo system
has been adopted by more than 5000 retail stores. The omni-channel
orders served by Haibo increased by 2.5 times during the Festival
compared to the year prior. Dada Picking has recruited more than
30,000 pickers for chain supermarkets, with the number of orders
picked on November 11 rising by
nearly 70% over June 18 this
year.
About Dada Group
Dada Group is a leading platform of local on-demand retail and
delivery in China. It operates
JDDJ, one of China's largest local
on-demand retail platforms for retailers and brand owners, and Dada
Now, a leading local on-demand delivery platform open to merchants
and individual senders across various industries and product
categories. The Company's two platforms are inter-connected and
mutually beneficial. The Dada Now platform enables an improved
delivery experience for participants on the JDDJ platform through
its readily accessible fulfilment solutions and strong on-demand
delivery infrastructure. Meanwhile, the vast volume of on-demand
delivery orders from the JDDJ platform increases order volume and
density for the Dada Now platform. In June
2020, Dada Group began trading on the Nasdaq Global Market,
under the ticker symbol "DADA."
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SOURCE Dada Group