DADA Now's Automobile Delivery Service Fulfills 3.3 million orders in 60 cities Across China

Rhea-AI Summary

Dada Group (Nasdaq: DADA) announced on March 15, 2023, that its on-demand delivery platform, Dada Now, has launched an automobile delivery service across over 60 cities in China. This initiative aims to support small and medium enterprises (SMEs) and has already fulfilled more than 3.3 million orders, covering over 38 million kilometers. The new service enables faster delivery—20 minutes quicker than electric vehicles for intra-city long-distance orders—and accommodates heavier and delicate products. Established in July 2021, Dada Now also incorporates electric and autonomous vehicles, enhancing its delivery efficiency.

Positive

• Launch of automobile delivery service across 60 cities, expanding market reach.
• Fulfilled over 3.3 million orders, indicating strong demand and service adoption.
• Average delivery time reduced by 20 minutes compared to electric vehicles for long-distance orders.
• Ability to deliver heavier and delicate products increases service versatility.

Negative

• None.

SHANGHAI, March 15, 2023 /PRNewswire/ -- The on-demand delivery service platform from Dada Group (Nasdaq: DADA) ("Dada"), Dada Now, has recently launched an automobile delivery service, to better support small and medium enterprises (SMEs).

To date, the automobile delivery service has been launched in more than 60 cities nationwide, including Beijing, Harbin, Fuzhou, Changsha, Hefei and Shanghai, among others. The accumulated number of fulfilled orders has reached over 3.3 million, and the total delivery mileage has exceeded 38 million kilometers.

Previously in the Chinese market, delivery services have predominantly used two-wheeled electric vehicles to fulfill orders, but Dada Now has now introduced automobiles to better fulfill the demand of SMEs and personal users in various scenarios. Automobiles have clear advantages over two-wheeled electric vehicles in this respect, in being able to deliver heavy load, delicate products for long distances to an extent that two-wheeled electric vehicles cannot.

The service has been adopted by hundreds of thousands of SMEs and personal users. Also, as for intra-city, long-distance orders, the average delivery time of automobiles is 20 minutes faster than electric vehicles.

Since launching in July 2021, Dada Now has established a comprehensive delivery capacity, including electric vehicles, automobiles and autonomous delivery, to provide high-quality, efficient delivery services at an affordable cost.

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 automobile delivery service launched by Dada Group?

Dada Group's Dada Now has launched an automobile delivery service to support small and medium enterprises across over 60 cities in China.

When was Dada Now's automobile delivery service launched?

The automobile delivery service was announced on March 15, 2023.

How many orders has Dada Now fulfilled since launching its automobile delivery service?

Dada Now has fulfilled over 3.3 million orders since the launch of the automobile delivery service.

Which cities does Dada Now's automobile delivery service operate in?

Dada Now's automobile delivery service operates in over 60 cities, including Beijing, Harbin, Fuzhou, Changsha, Hefei, and Shanghai.

How much faster is the automobile delivery service compared to electric vehicles?

The average delivery time for automobiles is 20 minutes faster than that of electric vehicles for long-distance orders.