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PR Newswire

Poq Partners with AppsFlyer to Power More Effective Data-Driven App Commerce Decision Making

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Marketing analytics and attribution specialist integrates with leading app commerce software platform to help retailers unlock the power of mobile campaign data

LONDON, Jan. 14, 2021 — Native SaaS retail mobile app platform, Poq, today announces the beta launch of its standard integration with mobile analytics and attribution provider, AppsFlyer.

The integration is the result of a partnership between the two companies that will enable Poq mobile app clients to rapidly scale their app commerce marketing efforts and drive more effective customer acquisition and retention campaigns for their apps.

Developing, delivering and measuring app marketing campaigns can be challenging for retailers, where visibility of downloads and in-app interactivity attribution is limited. In addition, the ability to ‘deep link’ customers straight back into the app from any channel can be resource-intensive to maintain.

By integrating the AppsFlyer software development kit (SDK) onto the Poq platform, joint clients will gain greater insights into how their mobile apps are performing and driving growth, in comparison to other channels such as mobile web. Beyond measurement and attribution, the AppsFlyer platform is able to offer clients a number of other valuable features, such as ad fraud protection, audience management and uninstall attribution measurement.

Poq’s partnership with AppsFlyer comes at a vital time for retailers, where app shopping growth is forecast to outstrip web-based channels as a result of an accelerated shift to digital in the wake of the COVID-19 pandemic. It also comes as Poq released a number of complimentary ad-tech solutions last year that have allowed its clients to effectively run customer acquisition and retention campaigns on Apple Search Ads, Google App Campaigns and Facebook.

This standard platform integration will enable all Poq customers to use the AppsFlyer deep-linking solution (OneLink) and its Smart Banner Feature, as well as kickstart attribution campaigns. As retail mobile app marketing strategies develop in sophistication, Poq customers will also have the ability to add paid-for additional features to their pricing plan at any time.

Sheenu Aggarwal, App Marketing Specialist, Poq said: "AppsFlyer is a great partner and, like Poq, has proven success with a number of retailers globally. So, this partnership presents our clients with a massive opportunity to really grow their app commerce business and accurately attribute that success to their apps. The partnership we’re launching is vital for integrating what are becoming increasingly lucrative apps into the overall digital mix and optimising the customer journey for our retailers."

Russell Burden, Director of Partner Development, AppsFlyer added: With the retail industry changing rapidly, it’s never been more important for marketers to have the tools and data needed to make accurate, better-informed strategic decisions around their mobile marketing campaigns. Through this partnership, we’re able to offer just that, giving retailers the opportunity to quickly and easily get up and running with mobile marketing campaigns, attribution measurement and other insights."

All Poq customers will have access to the benefits and solution of this partnership from early 2021, following the beta launch. Please contact Poq to find out more.

About Poq

Poq is a Software-as-a-Service app platform that empowers retailers to create highly-effective and fully-customized mobile apps that provide a superior shopping experience. These apps allow retailers to build stronger brands, sell more products, deepen customer loyalty and deliver highly relevant content, communications and rewards. Poq clients include global brands and retailers such as; Belk, Holland & Barrett, Feelunique, Missguided, Hotel Chocolat, Kurt Geiger, M&Co and more.

To learn more, visit poqcommerce.com.

About AppsFlyer

AppsFlyer, the global attribution and marketing analytics leader, empowers marketers to grow their business and innovate with a suite of comprehensive measurement solutions. Built around privacy by design, AppsFlyer takes a customer-centric approach to help 12,000+ brands and its marketplace of 8,000+ technology partners make better business decisions every day, while delighting their end-users.

To learn more, visit appsflyer.com.

Press contacts

Poq: Charlotte Simons-Dukes, e: charlotte.simons-dukes@poqcommerce.com, +44(0)20 3794 4120

AppsFlyer: Francesca D’Arcy-Orga, email: francesca.d@appsflyer.com, +44(0)20 3318 8649

 

Related Links :

Poq: Native Mobile App Platform
PR Newswire

Dada Group’s JDDJ Releases White Paper Discussing On-Demand Consumption of Mobile Phones

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More Than 6,000 Electronics Stores Launched on JDDJ as of December 2020

Mobile Phones Become One of the Most Important Opportunities in On-Demand Retail

BEIJING, Jan. 13, 2021 — Dada Group (Nasdaq: DADA) ("Dada" or the "Company"), China’s leading local on-demand delivery and retail platform, is pleased to announce that JDDJ’s Data Research Institute today released its 2020 White Paper, "On-demand Consumption of Mobile Phones." The White Paper states that as digital transformation brings new sales engines for electronics stores and establishes online service standards, mobile phones have become the category with the most potential in the field of on-demand retail, outside of fresh food and groceries.

JD Daojia ("JDDJ"), the local on-demand retail platform of Dada Group, collaborates with electronics stores to promote online purchases of mobile phones across the country. JDDJ achieved a new milestone at the end of 2020 with more than 6,000 online electronics stores and 150 partner dealers on the platform. As a result, the mobile phone category was the fastest-growing category for JDDJ in 2020.

Huijian He, the Vice President of Dada Group, said, "Mobile phones offer the most promising opportunities for growth in the age of on-demand retail. With the vision of ‘Bringing People Everything on Demand’, JDDJ has expanded its presence in lower-tier cities and seeks to collaborate with more electronics stores, bringing its convenient one-hour delivery service to a growing consumer base."

The White Paper notes that more than 90% of consumers choosing JDDJ are attracted by its one-hour delivery service. Consumers prefer JDDJ’s one-hour delivery rather than standard overnight or next day shipping options. To ensure the safety of high-value orders, Dada Now, the local on-demand delivery platform of Dada Group, selects specially qualified riders who have undergone training through the Dada Now smart logistics system.

Additionally, the average delivery time for mobile phones in 2020 was cut by 17% compared with 2019, with the fastest order was delivered in a mere 10 minutes. The combination of speed, security and steadily improved efficiency has resulted in high customer satisfaction, and 84% of consumers report being satisfied with the one-hour delivery service. The White Paper also notes that JDDJ has extended its mobile phone business to Harbin, Heilongjiang Province in the north;to Haikou, Hainan Province in the south; and to Lincang, Yunnan Provence in the west.

JDDJ and JD.com began their in-depth partnership to create an omni-channel fulfillment program in 2020, building an extensive online and offline retailing ecosystem for one-hour delivery. The partnership enables users who place an order on JD.com to receive the product from nearby stores on JDDJ’s platform and enjoy Dada Now’s home delivery service. The partnership has been successful so far, and according to JDDJ’s data, sales through JD’s omni-channel fulfillment program on 12.12 event were twice of that on 11.11 event in 2020.

"Dada Group is an important partner for JD’s omni-channel strategy," said Daniel Tan, President of JD Retail’s Mobile Business Unit. "JD Mobile and JDDJ have created a micro e-commerce shopping ecosystem that not only helps retailers improve their efficiency, but also gradually changes consumers’ online consumption habits. Together, we can harness the advantages of our combined supply chain logistics technologies and knowledge to get back to what’s most important in e-commerce: direct contact with consumers."

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."

Related Links :

http://imdada.cn

PR Newswire

KOHLER Expands Smart Home Collection at CES 2021, Emphasizes Wellbeing and Touchless Experiences for Kitchen and Bath

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Stillness Bath, Innate Intelligent Toilet, Touchless Bathroom Faucet to Debut at CES 2021

KOHLER, Wis., Jan. 8, 2021 — Kohler Co., a global leader in the design and innovation of kitchen and bath products, today announces several new additions to its smart home portfolio with a focus on personal wellbeing. Kohler introduces four new products during the first-ever virtual CES: Stillness Bath, Innate Intelligent Toilet, Touchless Bathroom Faucet collection, and two new products emerging from a collaboration with Phyn – KOHLER Whole Home Water Monitor Powered by Phyn, a DIY unit and a Pro version with automatic shut off.

Kohler debuts several new smart home innovations for the kitchen and bathroom spaces at CES 2021.
Kohler debuts several new smart home innovations for the kitchen and bathroom spaces at CES 2021.

As millions of people around the world spend more time at home, they yearn for balance and seek an escape from the stresses and anxieties of everyday life. The potential for technology to create more moments of wellbeing, and making it easier to unwind, destress, and find peace, is a driving force behind’s Kohler’s continued investment and product development in smart home technology.

"As we grow our leadership in smart home innovation, our products make it possible for consumers to easily enjoy the advantages of touchless and connected experiences, without adding clutter or complexity to their spaces," said David Kohler, President and CEO of Kohler Co. "We believe there is a delicate balance when it comes to technology in the home – and will continue pioneering opportunities for seamless control in the bathroom and kitchen with an eye toward gracious living and wellbeing." 

Kohler showcases new additions to its smart home portfolio during the virtual CES 2021 including:

Stillness Bath: This experiential bath draws its inspiration from Japanese forest bathing, or shinrin-yoku. Water, light, fog and aromas converge to create an immersive journey of the senses designed to relax the mind, soothe the body, and renew the spirit. Transforming the bathroom into a spa-like environment for quiet mindfulness, the Stillness Bath offers a sanctuary for self-care and wellbeing. It starts with water filling from the bottom of the bath, overflowing into the Hinoki wood mote to create a soothing sound. Full spectrum lighting surrounds the bath, setting the mood, and creating a chromatherapy experience. Fog then envelopes the surface of the Stillness Bath, immersing the bather in a feeling of deep relaxation. Finally, essential oils can be added into the bath’s experience tower which softly emits invigorating aromas to stimulate the senses and promote focus.

Innate Intelligent Toilet: Innate is the newest addition to Kohler’s portfolio of intelligent products. The Innate includes all the comfort, convenience, and cleanliness features that people expect from Kohler’s broad offering of intelligent toilets at a more affordable price. Innate includes a heated seat, auto open and close, intuitive remote, and personal bidet functionality. Further, as many homeowners look for more DIY projects, Innate features Kohler’s easy, ready-lock installation.

Touchless Residential Bathroom Faucet: The touchless bathroom faucet offers hands-free activation for washing hands, brushing teeth, and other daily tasks. Having the ability to wash hands at the end of the bathroom routine without touching the handles of the faucet decreases the potential spread of bacteria and germs in the space. Kohler launches an integrated faucet with embedded sensors as well as a remote puck that allows for a retrofit solution add-on to any KOHLER single control bathroom faucet.

Kohler and Phyn Partnership: Kohler will launch two co-branded products with Phyn in 2021 – the KOHLER Whole Home Water Monitor Powered by Phyn – a DIY unit and a Pro version with an automatic shut off. These products represent a continued evolution of the company’s focus on water safety and peace of mind. Both products leverage Phyn’s patented, best-in-class, high-definition pressure wave analysis to monitor water flow to immediately notify a homeowner if a leak is detected anywhere in the home and to provide detailed insights into how each fixture uses water. The DIY version mounts under a single sink and can be easy installed by a homeowner. The Pro variation is installed at a water main, either inside or outside the home, and can mitigate costly damage through an automatic water shutoff feature.

Always focused on improving upon its solutions to benefit the consumer, Kohler has expanded several smart home technologies that incorporate new features:

  • The brand’s collection of KOHLER Konnect voice-activated and touchless kitchen faucets now offers a "wash hand" command that walks consumers through the recommended steps for proper handwashing, activating the water for wetting and rinsing, along with audible guides for lathering and cleaning.
  • Kohler Power is launching a first-to-market voice feature that allows homeowners to access and activate functions of their standby generators through simple voice commands. Individuals can easily check on their KOHLER generator through smart devices whenever and wherever they are. Having this easy access ensures a home is running at its best and provides peace of mind when homeowners are away.

Kohler will continue to share new product innovations and industry leadership with the launch of its first-ever two-day digital event, Kohler@Home, February 2 and February 3. Additional event information and registration can be accessed at Kohler.com/AtHome.

For more details on smart home products, visit www.kohler.com/smarthome or contact Kohler at 1-800-4KOHLER.

About Kohler Co.
Founded in 1873 and headquartered in Kohler, Wisconsin, Kohler Co. is one of America’s oldest and largest privately held companies comprised of nearly 35,000 associates. With more than 50 manufacturing locations worldwide, Kohler is a global leader in the manufacture of kitchen and bath products; engines and power systems; premier cabinetry, tile and lighting; and owner/operator of two of the world’s finest five-star hospitality and golf resort destinations in Kohler, Wisconsin, and St. Andrews, Scotland.

As homes become increasingly connected, Kohler is focused on making everyday moments better through thoughtful design and smart technology. Kohler approaches smart bathroom design with the same dedication, precision, and care that has built the brand’s global presence for well over a century.

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PR Newswire

Dada Group’s Jun Yang: On-Demand Delivery Empowers Local Retail by Cutting Costs and Improving Efficiency

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SHANGHAI, Jan. 8, 2021 — Dada Group (Nasdaq: DADA) ("Dada" or the "Company"), China’s leading local on-demand delivery and retail platform, today announced that Jun Yang, Dada’s Co-Founder, Director and Chief Technology Officer, attended and delivered remarks at China Federation of Logistics & Purchasing’s ("CFLP") 2020 China E-Commerce Logistics Conference in Shanghai.

Dada Group’s Jun Yang delivered a keynote speech at CFLP’s China E-commerce Logistics Conference
Dada Group’s Jun Yang delivered a keynote speech at CFLP’s China E-commerce Logistics Conference

CFLP is the only social organization in the logistics industry approved by the State Council in China, and is authorized by the government to perform functions in foreign affairs, science and technology, trade statistics and standards drafting and revising. CFLP’s mission is to promote the innovation and development of Chinese logistics and supply chain technologies.

At the 11th annual "China E-Commerce Logistics Conference" hosted by CFLP, representatives from governments, associations, media and business shared their thoughts about innovation and ways to promote the sustainable development of the logistics and on-demand delivery industry. Mr. Yang delivered a keynote speech entitled "Efficiency First: How On-Demand Delivery Empowers Local Retail." He discussed the rapidly increasing demand for online retail and the explosive growth of store-to-person and person-to-person delivery in product categories including supermarkets, fresh vegetables, medicine, pick-up and retail services. He also explained how Dada Now, the local on-demand delivery platform of Dada Group, empowers retailers by cutting costs and improving efficiency.

"Efficiency is a crucial driver for the development of the on-demand logistics industry," said Mr. Yang. "Dada Now plays an important role in improving efficiency and shaping the sustainable development of the industry, and as a partner to many brands and retailers, Dada Now is committed to exploring new opportunities to strengthen its platform and technology."

Dada believes that in the age of on-demand retail, each brick-and-mortar store needs a system for customized order fulfilment. This requires delivery platforms to instantly match the capacity, supply and demand based on the store situation. To meet this need, Dada Now has established a "crowdsourcing and stationed" capacity model, in which Dada Now uses big data to not only dynamically match crowdsourcing capacities and mixed capacities for delivery, but also account for factors such as time of day, intensity of demand and order type to ensure timely delivery. According to Dada’s data, stores that adopt this customized mixed capacity model are 10-20% more efficient at delivering orders – saving them both time and money.

In addition, Dada Now also offers a premium "Dedicated Delivery" service, which provides stores all-round operational support services, including customer service response, data analysis and personnel support. Partners also have the option to request specially trained riders who must complete a training and pass an evaluation before being permitted to process the store’s orders.

Dada pays close attention not only to its partnered stores and products, but also to the quality of its riders. Since the first half of 2020, Dada Now has used a smart logistics system and big data to identify riders with high performance. These elite "Credit Riders" then become the main candidates to deliver high-value products orders, such as digital goods, mobile phones, documents, invoices and wine.  

At the conference, Dada Group also received the annual "Safety Management Award," and Dada Now’s Credit Riders program won the "Innovative Practice Award." Can Deng, Dada Now’s Logistics Manager at the Wuhan station, was honored as "Anti-Epidemic Pioneer" by CFLP.

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."

Related Links :

http://imdada.cn

PR Newswire

Ruten Japan 2020 year end promotion with best buy items & Omiyage

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TOKYO, Jan. 8, 2021 — Ruten Japan features the best-selling items from its website last year and the latest 2021 products in Japan for the "2020 Year End Best Buy" promotion to reward all customers’ hard efforts throughout 2020. The "2020 Year End Best Buy" campaign mainly promotes eight categories of items such as cosmetics, name-brand products, video games, snacks to global customers on Ruten website. In the meanwhile, Ruten Japan offers free international shipping service when purchasing over US$50. During this difficult time with pandemic, Ruten Japan has everyone’s back.

Ruten Japan 2020 year end best buy promotion recommend hot deals & Omiyage
Ruten Japan 2020 year end best buy promotion recommend hot deals & Omiyage

The demand for online shopping is on the rise. Ruten Japan’s CEO, Yun Su pointed out that due to the 2020 pandemic, global customers have more demands on internet shopping. In the meanwhile, it also elevated the waves of cross-national online shopping. By offering free international shipping service when purchasing over US$50, Ruten Japan has given its customer the best free shipping deal. Hence, Ruten Japan has the advantage of having over 60 million Japanese products. This advantage can satisfy global shoppers’ thirst for various Japanese items. Ruten Japan is dedicated to providing more diverse and higher quality Japanese products to customers around the globe.

In addition to the eight recommended categories, Ruten Japan also launched a large collection of well-known Japanese Omiyage brands. Based on the budgets of its global customers, Ruten Japan recommended limited Omiyage items within three different price ranges. Those items included crackers from Akai Bohshi, Gaufres from Tokyo Fugetsudo, affordable gift packages from Kitakaro, LeTAO, high-end packages from Ginza Sembikiya, Cigare rolls from Yoku Moku, coffee, tea and other assorted items available for customers. For customers who want to deliver gift packages for friends or for themselves straight from Japan, Ruten Japan is the most direct and convenient choice.

"2020 year end Best Buy"
https://en.ruten.co.jp/campaign/20201229

"Japan’s Most Popular Omiyage"
https://en.ruten.co.jp/campaign/0108

Ruten Japan
https://en.ruten.co.jp/

Note: Ruten Japan’s designated 13 delivery countries and regions are: Singapore, Hong Kong, Vietnam, Taiwan, Canada, New Zealand, England, Indonesia, Macau, Malaysia, Philippines, Thailand, and Korea 

PR Newswire

Poq Appoints Jay Johnston as New Chief Executive Officer

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Leading SaaS-based mobile app commerce provider announces the promotion of its Chief Technology Officer to Chief Executive Officer in order to drive the business forward in its next phase of growth

LONDON, Jan. 8, 2021 — Leading Software-as-a-Service (SaaS) app platform Poq has today announced the appointment of Poq Chief Technology Officer (CTO), Jay Johnston, to the role of Chief Executive Officer (CEO).

The new leadership appointment is effective immediately and sees Johnston take over the CEO role from Poq’s co-founder, Øyvind Henriksen; Henriksen will continue to play an active role in platform roadmap and product development as Senior Vice President of Product Strategy.

"Jay is a leader in every sense of the term, and has done a great job in the executive team ever since he joined Poq. I’m delighted that he’s now stepping up to take the reins of the company," Henriksen said. "Jay also has a strong understanding of the entire business, is loved by the team and well respected by our clients. Moreover, Poq is in an excellent position to capitalise on the accelerated growth of ecommerce and, with his leadership, we can rise to the occasion and importantly help our clients seize the opportunities ahead."

Johnston stated: "I am both delighted and humbled to accept the role and the responsibility of leading the great team we have at Poq. We achieved much to be proud of in 2020, and the scene is set for an even more exciting and ambitious year in 2021. I look forward to building on these strong foundations in order to create a clear framework for the company’s vision, plan, targets and accountabilities that will capture our growing ambitions and harness the opportunity to further grow our success in helping our clients create best-in-class mobile commerce apps."

In addition, Johnston will join the Poq board, together with Euan Menzies, who also joined the company in 2018 and serves as Chief Financial Officer.

Speaking on behalf of the board, Jonathan McKay, Poq’s Chairman, said: "Poq has just achieved another year of solid growth, despite the unprecedented challenges presented by Covid-19. Jay brings with him the kind of operational, communications and leadership skills that we are convinced will deliver further success for both Poq and its customers going forward. We also look forward to capitalising on the huge opportunities ahead with both Jay and Euan as newly appointed members of Poq’s board, especially as 2021 will be such a pivotal year for mobile."

About Poq

Poq is a Software-as-a-Service app platform that empowers retailers to create highly effective and fully-customised mobile apps that provide a superior shopping experience. These apps allow retailers to build stronger brands, sell more products, deepen customer loyalty and deliver highly relevant content, communications and rewards. Poq clients include global brands and retailers such as; Belk, Cotton On, francesca’s, Feelunique, Missguided, Hot Topic, Kurt Geiger and more. To learn more, please visit poqcommerce.com.

__________
Notes to the editor

Press contact
Poq: Charlotte Simons-Dukes, e: charlotte.simons-dukes@poqcommerce.com, t: +44 (0) 203 794 4120

 

PR Newswire

AirPay FinTech expands eCommerce partnership with UnionPay and launches Alipay campaign with high-end retailers in Australia

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  • eCommerce merchants can accept UnionPay Online Payment via AirPay FinTech, with extra Chinese marketing support
  • Black Diamond campaign is well accepted by shoppers during Boxing Day

MELBOURNE, Australia, Jan. 7, 2021 — Australia marketing & payment service provider AirPay Financial Technologies "AirPay FinTech" announces eCommerce partnership with UnionPay, a leading international payment network, to offer UnionPay Online Payment in Australia.

In June 2020, AirPay FinTech first launched its UnionPay QR code acquiring services in Australia. UnionPay QR code payment is accepted at over 29 million merchants in mainland China and is accepted in 33 countries and regions outside mainland China.

Co-founder of AirPay FinTech Simon Tse said, "In response to the growing demand for online payment & Chinese marketing services, we have further expanded UnionPay partnership to eCommerce landscape."

"We had a joint venture, ToPay, with leading media group Today Australia last year, and we foresee more strategic partnership, merging & acquisition in 2021," said Tse.

Co-founder of ToPay Stanley Yan said, "We are thrilled to integrate UnionPay Online Payment into our ToPay bill payment product. UnionPay is a popular payment method for overseas Chinese students, providing them a simple and convenient way to pay for tuition fee & everyday bills."

"We look forward to launching UnionPay Online Payment onto new eCommerce platform Umall," said Yan.

In December, AirPay FinTech partnered with Alipay to launch "Black Diamond" campaign to key luxury retailers. Black Diamond is the most privileged membership category within Alipay. By scanning a unique QR code, Alipay users can redeem the best exchange rate offered by Alipay. The campaign is well accepted by Chinese shoppers during Boxing Day.

About AirPay Financial Technologies

AirPay FinTech provides one-stop marketing & payment services for merchants to better communicate with Chinese consumers via marketing, media and payment intelligence. Retail clients include Gucci, YSL, BV, Balenciaga, Alexander McQueen, Givenchy, Valentino, MaxMara, Moncler, Off-White, Harrolds, Marais, Mulberry, Furla, Victoria’s Secret, BrasNthings, Adidas, Champion, Glue Store, Sneakerboy, Culture King, AliceMcCall, Aje, etc.

AirPay FinTech offers Shopify & AsiaPay online payment plugins for online retailers.

About ToPay

ToPay is an app-based bill payment product powered by AirPay FinTech and is embedded within Today Australia app.

Along with the strategic partnership with Gobbill, ToPay is selected as one of the finalists in Finnie Awards 2020.

Related Links :

https://www.airpayfintech.com/

PR Newswire

Dada Group Included on Hurun’s Top 500 Private Enterprises in China List

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SHANGHAI, Dec. 30, 2020 — Dada Group (Nasdaq: DADA) ("Dada" or the "Company"), China’s leading local on-demand delivery and retail platform, is pleased to announce the Company’s inclusion on Hurun Research Institute’s "China’s Top 500 Private Enterprises in 2020" list, based on market value. "Chinese private enterprises" refers to non-state-controlled enterprises with headquarters in mainland China. Dada ranked 211th.

"We are pleased to have been included on Hurun’s list and believe it demonstrates the significant advantages of Dada’s on-demand retail and delivery platforms," said Philip Kuai, Founder, Chairman and Chief Executive Officer of Dada Group. "We’re proud of our work digitalizing local retail and offering customers a highly efficient, convenient shopping experience and thank our employees, dedicated riders, partners and investors for their ongoing support."

In addition to the strong performance of the sector and Dada’s long-term growth potential, the ranking of the Company among China’s Top 500 Private Enterprises also demonstrates Dada’s impressive brand value.

A Leader in the On-Demand Retail Industry

Consumer habits have changed as the world continues to grapple with the COVID-19 pandemic, and the on-demand retail market has seen substantial growth and rapid development. According to data from the Huaon Institute, the on-demand delivery industry grew 30%-40% during the past three years and is expected to reach 170 billion yuan by the end of 2020.  

Dada has always prioritized "value creation" in corporate development. The Company empowers retailers, brand owners and users to kick start their digital transformation by growing online traffic, cutting costs and enhancing efficiency through its Haibo system. Dada’s rapid growth comes as a result of the channel advantage and regional coverage of intra-city retail, expanding product categories, partnership with retailers and brand owners and continuous innovation in brand marketing.

As the local on-demand retail market keeps growing, Dada Group’s industry-leading business model and omni-channel digital platform will lead to revenue growth and new services for Dada Group users, further enhancing the value of on-demand retail channels.

Strong Financial Position and Growth Prospects

Dada became China’s first on-demand retail stock when it listed on NASDAQ in June 2020, and is well-positioned to gain market share in the growing on-demand retail and delivery industry. Dada Group reported its 2020 Q3 earnings in November 2020 with financial performance beating market expectations.

In the Company’s Q3 report, it announced significant improvements in market share. In the first nine months of 2020, JDDJ ranked first in market share for Chinese local retail mall and supermarkets’ O2O platforms, increasing to 24% from 21% in 2019 and Dada Now continued to consolidate its leadership among China’s socialized intra-city delivery platforms, in which its market share climbed to 24% from 19% in 2019.

Additionally, Dada Group’s gross operating revenue in Q3 reached 1,305 million yuan, a year-on-year increase of 85.5%, exceeding market expectations. Both JDDJ and Dada Now have maintained strong momentum and growth. In Q3, JDDJ achieved revenue of 582.5 million yuan, and Dada Now reported revenue of 719 million yuan; a year-on-year increase of 91.0% and 81.3%, respectively.

Dada also reported a rising number of active users and customer orders. JDDJ covers nearly 1,200 counties, districts and cities across the country and in the past 12 months, it had 37.3 million active users, a year-on-year increase of 77.1%. The platform had a GMV of 21.3 billion yuan, a year-on-year increase of 102.9%. Dada Now covers over 2,500 counties and cities nationwide, and the number of delivery orders in the past 12 months surpassed 1 billion for the first time.

As its revenue and market share have grown, Dada Group has been recognized by investment institutions and investment banks in China and internationally for its strong performance. Many institutions have expressed optimism about Dada Group’s future growth expectations and increased its price target. Dada Group was given a "buy" rating by well-known investment banks such as Goldman Sachs and Daiwa Capital Markets.

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."

Related Links :

http://imdada.cn

PR Newswire

LESS_ continues to grow and prepares for the next round of financing

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WROCŁAW, Poland, Dec. 30, 2020 — 700,000 users across the world have joined the LESS_, an internet platform for selling second-hand clothes and accessories that operates from Poland. The app was launched in June 2019 and six months later it obtained EUR 4 million in the seed round. Now, LESS_ is preparing for the next round of financing which will be allocated to expand into markets of Eastern and Southern Europe. The application fits in the most significant global consumer trends creating opportunities for investors.  

The rapid pace of development of LESS_ as well as the social usefulness of the adopted business model was appreciated by MyCompany business magazine and recognized as the Polish start-up of 2020. Mateusz Oleksiuk, CEO, explains: "LESS_ was born because we saw a need to create a space for conscious fashion lovers. Together we change the approach to shopping by giving the opportunity to enjoy life in the vein of minimalism. We educate and inspire to change. We promote a conscious view of consumption. In our opinion, fashion and minimalism can go together. It is one of the strongest global trends and we already are on it building our global advantage for our investors. The growth of e-commerce during the pandemic is also a global trend and this trend boosts the rise of e-commerce initiatives."

The platform provides access to thousands of virtual wardrobes owned, among others, by celebrities, influencers, athletes and singers, who easily offer their fans access to their idols’ items. One of LESS_’s account holders is Robert Lewandowski, the best footballer in the world 2020 according to FIFA, who is also an investor in the company that is the platform’s operator.  In addition to the Bayern Munich player, the shareholder structure also includes strongly experienced investors. Krzysztof Pawiński is the president and owner of the Maspex Group, the largest food company in Central and Eastern Europe, Dawid Urban, a valued business-angel, co-founder and COO of LESS_, Eryk Stankunowicz, long-time editor of the Polish edition of Forbes, Cezary Pietrasik, ex CEE director at the London private equity Warburg Pinkus, and also the founders of Allegro, the largest e-commerce platform in this region of Europe.

Further information: About LESS_

 

 

Related Links :

https://less.app/

PR Newswire

China Matters Explores Speed and Innovation of China’s Express Delivery

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BEIJING, Dec. 29, 2020 — In November of each year, China hosts the world’s biggest sales bonanza as the country’s Singles Day shopping festival sets off a frenzy of online shopping on 11th. And millions of parcel orders are delivered to Chinese consumers. But for China’s express delivery companies, this is the ultimate test in the whole year.

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According to the Post Bureau of China statistics, from November 1st to 11th this year, domestic postal and express companies handled 3.965 billion parcels. Among them, 675 million were processed on November 11th, and that number increased by 26.16% year-on-year. And it doesn’t stop there. The speed of China’s express delivery services is pushing the limits. Consumers can now even receive their orders within a day. So, what makes it so fast?

ZTO is one of China’s largest express delivery companies and having around 90 regional sorting centers across the country means they have the manpower to make speedy deliveries. At its Hangzhou Sorting Centre, for example, it can handle five million parcels per day. And this is the key to their speed.

But speed is not enough. China’s express companies are also continuing to innovate. In Hangzhou’s Tonglu County – the birthplace of China’s express delivery – another well-known company, Yunda Express, is using drones to make deliveries but they are reaching rural consumers some of whom live in remote mountainous regions.

Their drones are being powered by 5G technology and guided by GPS and Beidou navigation systems. It also has an image recognition system which means the drone can accurately at its destination without delay.

Our British reporter Josh went to Hangzhou to investigate the whole process of China’s express delivery services and the industry’s the latest innovation. The video was filmed and produced by China Matters. 

Video – https://youtu.be/TXFSdWMihFw 
Logo – https://techent.tv/wp-content/uploads/2021/01/china-matters-explores-speed-and-innovation-of-chinas-express-delivery.jpg

Contact: Li Siwei
Tel: +8610-68996566 
E-mail: lisiwei5125@gmail.com