- Chinese on-demand delivery and retail platform Dada Nexus Ltd DADA is partnering with Charoen Pokphand Group (CP Group)'s Retail Business Division to provide omnichannel on-demand delivery services.
- Dada will provide services for CP Group's CP Lotus, a leading supermarket chain, and CP Fresh Mart, a community-based supermarket in China.
- Dada's on-demand delivery platform launched a customized service program, "Dedicated Delivery," for chain merchants with a "stationed + crowdsourcing" delivery model and services.
- Under the cooperation, besides orders from JDDJ, Dada Now will fulfill online orders from WeChat mini program and third-party grocery platform.
- Price Action: DADA shares are trading higher by 7.83% at $19.29 on the last check Friday.
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