China Resources Vanguard

Dada Group doles out 100m yuan in coupons to support consumption amid Shanghai Shopping Festival

Retrieved on:

Thursday, September 8, 2022

Sephora, China Resources Vanguard, Growth, City, JDDJ, Online shopping

Coupons worth 100 million yuan are ready for grabs on Dada Group's JDDJ during Shanghai's Double Five Shopping Festival, in an effort to boost consumption.

Key Points:

Coupons worth 100 million yuan are ready for grabs on Dada Group's JDDJ during Shanghai's Double Five Shopping Festival, in an effort to boost consumption.
SHANGHAI, Sept. 8, 2022 /PRNewswire/ -- JDDJ, the on-demand retail platform operated by Dada Group (Nasdaq: DADA), is distributing shopping coupons worth 100 million yuan, in collaboration with partner retailers and brand owners, to support consumption and brick-and-mortar retail recovery.
Consumers can use the coupons together with the e-vouchers issued by the Shanghai government when proceeding to purchase checkout on JDDJ.
Shanghai kicked off its annual Double Five Shopping Festival in July with various promotional campaigns and activities to boost consumption.

JDDJ at CIFTIS: On-demand retail in action to assist real economy and boost consumption

Retrieved on:

Monday, September 5, 2022

"On-demand retail is the new driver for the high-quality development of the real economy.

Key Points:

"On-demand retail is the new driver for the high-quality development of the real economy.
As a player under the on-demand open platform model, JDDJ is leveraging digital capabilities and delivery infrastructure, to accelerate the digitalization of traditional retail."
In July, a report about China's online retail market issued by the Ministry of Commerce mentioned "on-demand retail" for the first time, and recognized its value in integrating offline and online retail.
Li pointed out that the core components of on-demand retail are still efficiency and experience, in line with traditional retail.

China Resources Enterprise and Fung Investments form US$300 million Investment Platform

Retrieved on:

Friday, May 6, 2022

HONG KONG, May 5, 2022 /PRNewswire/ --China Resources Enterprise ("CRE") and Fung Investments announced the establishment of a 50/50 US$300 million joint venture investment platform ("the Joint Venture"), focusing on businesses with quality brands, products, services and technologies.

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HONG KONG, May 5, 2022 /PRNewswire/ --China Resources Enterprise ("CRE") and Fung Investments announced the establishment of a 50/50 US$300 million joint venture investment platform ("the Joint Venture"), focusing on businesses with quality brands, products, services and technologies.
Leveraging on the distribution network of China Resources Group in China and the Fung Group's global supply chain, the joint venture partners will help companies expand their businesses.
In the process, CRE incubated brands that enjoy national fame, such as Snow beer, C'est Bon, CR Ng Fung, China Resources Vanguard.
Fung Investments is a global investment company privately owned by the families of Dr. Victor Fung and Dr. William Fung.

China Resources Enterprise and Fung Investments form US$300 million Investment Platform

Retrieved on:

Friday, May 6, 2022

Board, Laissez les bons temps rouler, Investment, Joint venture, China Resources Vanguard, Guangdong-Hong Kong-Macau Greater Bay Area, Beer, JV, China Resources, Nan Fung Group, Food, Assistant, CRE, Coffee, Growth, China Resources Beer, Renewable energy, Retail

HONG KONG, May 6, 2022 /PRNewswire/ --China Resources Enterprise ("CRE") and Fung Investments announced the establishment of a 50/50 US$300 million joint venture investment platform ("the Joint Venture"), focusing on businesses with quality brands, products, services and technologies.

Key Points:

HONG KONG, May 6, 2022 /PRNewswire/ --China Resources Enterprise ("CRE") and Fung Investments announced the establishment of a 50/50 US$300 million joint venture investment platform ("the Joint Venture"), focusing on businesses with quality brands, products, services and technologies.
Leveraging on the distribution network of China Resources Group in China and the Fung Group's global supply chain, the joint venture partners will help companies expand their businesses.
In the process, CRE incubated brands that enjoy national fame, such as Snow beer, C'est Bon, CR Ng Fung, China Resources Vanguard.
Fung Investments is a global investment company privately owned by the families of Dr. Victor Fung and Dr. William Fung.

415 Shopping Festival: FMCG products achieved peak-day sales on JDDJ and Shop Now

Retrieved on:

Wednesday, April 20, 2022

The best-selling TOP5 categories are dairy products, non-staple food, digital products, Mom&Baby products, and mobile communications products.

Key Points:

The best-selling TOP5 categories are dairy products, non-staple food, digital products, Mom&Baby products, and mobile communications products.
SHANGHAI, April 19, 2022 /PRNewswire/ -- The "415 Intra-City Shopping Festival" (the "Festival"), co-organized by Dada Group's JDDJ and JD.com, released consumption data from April 8 to 17.
Based on the sales generated on JDDJ and JD's Shop Now service, the single-day sales of FMCG products gained a historical peak on April 15.
JDDJ allied with 8 brands to launch the Super Alliance campaign to celebrate the 7th anniversary of 415 shopping festival.

Brands embrace on-demand retail with innovative marketing during Dada Group's 415 Shopping Festival

Retrieved on:

Monday, April 18, 2022

Festival, Awareness, NICE, Dubai Shopping Festival, Adult, Nasdaq, China Resources Vanguard, Company, JDDJ, DADA, Super Brand Mall, Solution, Walmart, History, FMCG, Infant, Dada, Industry, Online shopping

SHANGHAI, April 18, 2022 /PRNewswire/ --The yearly " 415 Intra-City Shopping Festival " (the "Festival"), an on-demand shopping spree initiated by JDDJ of Dada Group (Nasdaq: DADA), has become an effective grasp for offline stores and brands to boost sales and enhance awareness.

Key Points:

SHANGHAI, April 18, 2022 /PRNewswire/ --The yearly " 415 Intra-City Shopping Festival " (the "Festival"), an on-demand shopping spree initiated by JDDJ of Dada Group (Nasdaq: DADA), has become an effective grasp for offline stores and brands to boost sales and enhance awareness.
JDDJ will further innovate its marketing initiatives and resources to better empower merchants as well as brands, to embrace a win-win future of the on-demand retail.
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."

Dada Group to scale up 415 Shopping Festival with over 150,000 stores, autonomous delivery initiative, and more

Retrieved on:

Thursday, April 7, 2022

Upon the closing of this transaction, Dada Group will get strategic resources from JD.com and further undertake its on-demand retail and delivery businesses.

Key Points:

Upon the closing of this transaction, Dada Group will get strategic resources from JD.com and further undertake its on-demand retail and delivery businesses.
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."

Dada Group, Cheerwin and Liby join forces to donate anti-COVID supplies

Retrieved on:

Wednesday, March 30, 2022

400 boxes of Vewin disinfectants, 80 boxes of Vewin sterilizing sprays and other anti-epidemic supplies were shipped from other provinces to Shanghai.

Key Points:

400 boxes of Vewin disinfectants, 80 boxes of Vewin sterilizing sprays and other anti-epidemic supplies were shipped from other provinces to Shanghai.
Cheerwin Group plays a leading role in epidemic prevention, and owns eight major brands including "Super", "Babeking" and "Vewin".
Both companies' products are available on Dada Group's JDDJ, one of China's largest local on-demand retail platforms for retailers and brand owners.
In June 2020, Dada Group began trading on the Nasdaq Global Market, under the ticker symbol "DADA."

Dada Group Announces Record Sales and Deliveries During 2021 Singles Day Festival

Retrieved on:

Friday, November 12, 2021

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").

Key Points:

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").
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.
In June 2020, Dada Group began trading on the Nasdaq Global Market, under the ticker symbol "DADA."

Dada Now Rolls out A Panorama of its On-Demand Warehousing-Picking-Delivery Services

Retrieved on:

Monday, November 8, 2021

Dedicated Delivery offers more diversified services to meet the different needs and requirements of chain brands for timely delivery, brand image, and standard services.

Key Points:

Dedicated Delivery offers more diversified services to meet the different needs and requirements of chain brands for timely delivery, brand image, and standard services.
The upgrade of all-process capabilities in "warehousing-picking-delivery" services marks a new milestone for Dada Now, in establishing a comprehensives service ecosystem in on-demand order fulfillment sector.
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."