Dada Group's autonomous delivery platform in action to improve 415 shopping festival fulfillments

Rhea-AI Summary

Dada Group (Nasdaq: DADA) announced the progress of its autonomous delivery operation open platform during the 7th 415 Intra-City Shopping Festival, running until April 17, 2022. This platform aims to enhance delivery efficiency with functionalities like smart dispatching and human-vehicle interaction, addressing significant order volumes from over 150,000 offline stores. Since its launch in July 2021, the platform has successfully managed over 30,000 supermarket orders, maintaining a delivery fulfillment rate above 95%. Dada's commitment to innovation in on-demand delivery positions it favorably in China's evolving retail landscape.

Positive

• Orders fulfilled by Dada Now for SME merchants increased by 100% year-over-year in Q4.
• The platform has delivered over 30,000 orders for supermarket partners since its launch.
• Delivery fulfillment rates have remained stable at over 95%, even during high-demand periods.

Negative

• None.

SHANGHAI, April 12, 2022 /PRNewswire/ -- China's leading local on-demand delivery and retail platform, Dada Group (Nasdaq: DADA) ("Dada") launched in July 2021 an open platform dedicated to making autonomous delivery services smoother and smarter. Now, a video decoding more of its technology features, operational functionalities and applicable scenarios is watchable here.

In the middle of the 7^th 415 Intra-City Shopping Festival, the open platform will have a lot to deliver – not only packages, but also a better fulfillment experience, for the massive shopping spree.

First show during "415 Intra-City Shopping Festival"

The autonomous delivery operation open platform will definitely play a vital role during this year's "415 Intra-City Shopping Festival", an on-demand O2O shopping spree that is happening till April 17, the event was initiated by Dada's on-demand retail arm, JDDJ, 7 years ago.

The event will be reaching its largest-ever scale with over 150,000 offline stores across over 1,700 cities and counties engaged, to provide consumers in China with products across all categories, deliverable within one hour.

Coming along with the scale is the large number of orders, that pose challenges to deliverers' fulfillment capacity.

The autonomous delivery operation open platform proposes a smarter solution that helps lower costs, and improves efficiency for delivery partners, thanks to its three key functionalities, which are smart dispatching system of unmanned vehicles, human-vehicle interaction system, and smart order management system. In addition to providing massive delivery orders, the platform also enables its partners with digitized operation tools, and a secure delivery experience.

For instance, the platform has now realized automation in order distribution for supermarkets, and can manage pick-ups, terminal connections, and abnormal order processing through its human-vehicle interaction system, to empower connected unmanned vehicles in fulfilling online orders in an efficient way.

A platform that empowers and creates value for all parties involved

The on-demand delivery industry is becoming more open and collaborative as an ecosystem. Technology is playing a core role in optimizing operational efficiency of all parties involved.

Positioned to be the establisher of the unmanned delivery ecosystem, Dada aims to link its upstream and downstream partners, and scale up the R&D of the software and infrastructure for autonomous delivery services as part of its latest efforts to empower retailing with smarter delivery solutions.

Bearing Dada's vision of building up an ecosystem that is creating sustainable value for all parties, the autonomous delivery open platform is an example of how Dada is leveraging technology to innovate the on-demand delivery.

Data also show strong potentials and a promising future of the platform – according to the company's Q4 results, orders fulfilled by Dada Now for SME merchants in Q4 increased by 100% year-over-year. Furthermore, since the open platform's official launch in July 2021, it has delivered over 30,000 orders for supermarket partners, meanwhile, its delivery fulfillment rates remained stable at over 95% even during heavy promotional periods and bad weather, disclosed the company on its Q4 earnings call.

An example worthy of note is the open platform's mobilization amid the current epidemic resurgence, where citizens' booming online orders of daily necessities have posed a challenge to deliverers' capacity. To address the issues, Dada has deployed its autonomous delivery operation open platform to ensure citizens' daily supplies. On the roads, in the markets in cities and provinces such as Shanghai, Beijing, Shenzhen and Hefei, unmanned delivery vehicles that are connected to Dada's autonomous delivery operation open platform are seen delivering the much-needed groceries and medications from big-name chain store partners such as SEVEN FRESH, Yonghui, to delivery spots in communities nearby before staff pick up the packages at the spots – ensuring a thoroughly contactless store-to-home process.

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."

 

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SOURCE DADA GROUP

FAQ

What is the purpose of Dada Group's autonomous delivery platform?

Dada Group's autonomous delivery platform aims to enhance delivery efficiency and lower costs during high-demand events like the 415 Intra-City Shopping Festival.

How has Dada Group's order volume changed recently?

Orders fulfilled by Dada Now for SME merchants increased by 100% year-over-year in Q4.

What are the key features of Dada Group's open platform?

Key features include a smart dispatching system, human-vehicle interaction, and smart order management to improve delivery efficiency.

What is the significance of the 415 Intra-City Shopping Festival for Dada?

The 415 Intra-City Shopping Festival is crucial for Dada as it highlights the operational capabilities of its autonomous delivery platform amid high order volumes.

When was Dada's autonomous delivery platform launched?

Dada's autonomous delivery platform was launched in July 2021.