Missfresh Reports Solid Sales On JD.com Platforms

by Shivani Kumaresan, Benzinga Staff Writer

August 25, 2021 3:37 PM | 1 min read |

Missfresh Ltd MF clocked a 389% increase in sales on JD.Com Inc's JD JD.com and JD-Daojia (JDDJ) since the start of its collaboration in April 2021.
Currently, ~570 of Missfresh's Distributed Mini Warehouses (DMWs) sell on JDDJ in 17 cities across China.
Missfresh began the sale of goods on JDDJ through the Omnichannel Fulfillment Program.
In the last five months, the top five best-selling categories are fruits, vegetables, eggs, dairy, and drinks.
Price Action: MF shares are trading higher by 0.41% at $4.83 on the last check Wednesday.