Shulou(Shulou.com)11/24 Report--

CTOnews.com news on December 5, Dada Express and Douyin Life Services announced that they have officially reached a strategic cooperation.

According to reports, as the first batch of real-time transport service providers to cooperate with Douyin life services, Dada Express will provide inter-city distribution solutions for catering merchants on Douyin life service platform, join hands with Douyin life services to create an efficient and convenient "group purchase distribution" link, and jointly build an efficient and flexible distribution network that integrates diversified transport capacity and covers the whole city.

Consumers place orders with catering merchants on Douyin's life service platform, and Dada Express sends Knight to pick up goods from stores near them, so that consumers can receive goods even while watching live broadcasts, bringing users an immediate and smooth consumption experience.

CTOnews.com learned that at present, Douyin life service "group purchase and distribution" business has been piloted in some cities, and will be gradually extended to more cities after continuously optimizing the product experience.

According to reports, Dada Express provides businesses with four real-time distribution service products, such as instant delivery, full speed delivery, city-wide delivery and customized distribution solutions, and hundreds of thousands of Dada Express active riders provide businesses with high-standard distribution services. During JD.com 's 11 / 11 this year, the total amount of Dada Express delivery and distribution exceeded 120 million, with an average daily distribution of more than 1000 million.

The total net income of Dada Group in the third quarter was 2.3801 billion yuan, compared with 1.6868 billion yuan in the same period last year, an increase of 41.1% over the same period last year. The net loss was 454.3 million yuan, compared with 542.7 million yuan in the same period last year. The net loss not in accordance with GAAP was 270.2 million yuan, compared with a net loss of 450.1 million yuan in the same period last year.

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