SHANGHAI, Nov. 13, 2020 /PRNewswire/ -- Dada Group
(Nasdaq: DADA) ("Dada" or the "Company"), China's leading local on-demand delivery and
retail platform, today announced record sales during the 2020
Singles Day Shopping Festival (the "Festival"), which ran from
November 3 - 12 across China.
Singles Day, which falls on November
11 (11/11) of each year, is China's largest national online shopping
event. Leveraging Dada Now, the on-demand delivery platform of Dada
Group known for its one-hour delivery service, and JDDJ, Dada's
local on-demand retail platform for retailers and brands, Dada has
become the preferred O2O shopping platform for consumers across
China during the Festival.
This year, JDDJ's sales reported on Singles Day more than
doubled year-over-year, and Dada Now achieved various milestones,
including setting a new high for single-hour order deliveries of
1.1 million orders between 10 - 11am
on November 11 and delivering 10
million orders, the most ever in a single day, on November 12. Throughout the Festival, JDDJ held
promotional events such as Super CP Day and livestream shopping,
which were well-received by retailers and shoppers alike.
To keep up with this increase in demand, Dada Now leverages its
leading logistics technology to build three major networks of
delivery services: last-mile delivery, intra-city delivery and
customized delivery for individuals. Together, the three systems
provide order fulfillment services that are not only stable,
efficient and fast, but also flexible enough to meet the needs of a
broad range of shopping scenarios. In fact, the average delivery
time decreased by nearly eight minutes year-over-year.
Participation in the Festival also expanded in 2020. More than
100,000 brick and mortar stores on JDDJ's platform participated,
and both national supermarket chains and regional retailing outlets
achieved significant growth in online sales during the Festival.
JDDJ's strength continues to be in groceries and daily necessities,
but this year, mobile phones became the second best-selling
category. On Singles Day, sales of smartphones on JDDJ increased by
more than 200% compared to the 618 Shopping Festival and
top-selling brands were Apple, Huawei, Honor, Vivo and One
Plus.
The top supermarket chains in terms of sales on JDDJ were
Walmart, Yonghui, CR Vanguard, BBK and Lotus. Additionally,
regional retailing outlets such as Zhongbai Warehouse, Jiarong
Supermarket, Chang Dachang and Sanhe Supermarket, set new sales
records on the platform. Top fast-moving consumer goods (FMCG)
brands, both domestic and international, also saw boosts in sales
on JDDJ's platform, with Yili, Mengniu, P&G, Unilever,
Mars Wrigley and Nestle all more
than doubling sales compared to the year prior.
"We are pleased to announce the success of this year's Single's
Day Festival and proud to report record sales and deliveries," said
Phillip Kuai, Founder, Chairman and
CEO of Dada Group. "Our impressive results were made possible by
our participating retailers, brands, partners and dedicated riders
making deliveries on the ground. With strong sales growth and
exciting partnerships, JDDJ's model of on-demand e-commerce has
become an important sales channel for supermarket chains and
retailers nationwide, and we are confident that this trend towards
O2O on-demand retail will continue to gain prominence in the months
and years to come."
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 improved
delivery experience for participants on the JDDJ platform through
its readily accessible fulfillment 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."
Contacts
Dada Group
E-mail: PR@imdada.cn
Joele Frank, Wilkinson Brimmer
Katcher
Ed Trissel / Kate Thompson / Julia
Sottosanti
Phone: 212-355-4449
E-mail: kthompson@joelefrank.com
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SOURCE Dada Group