Walmart and JD.com invests US$500m in Dada-JD Daojia

Date : 10 August 2018

Walmart and JD.com have invested US$500m to further strengthen their online grocery delivery and logistics firm Dada-JD Daojia.

Boosting online to offline experience

Dada-JD Daojia offers delivery services to around 100,000 retail stores in China. It partners retailers to offer one-hour delivery for groceries and other items via its network of bike and scooter riders. Around 200 of Walmart’s stores in China are already serviced by Daojia.

Wern-Yuen Tan, President and CEO of Walmart China, said, "We are confident that this deeper collaboration with Dada-JD Daojia will enhance our omni-channel footprint and deliver a better O2O customer experience [...]."