Tencent Technologies News, according to foreign media reports, people familiar with the situation disclosed that Beijing East and Wal-Mart invested in the same city express information service platform and unlimited retail real-time consumption platform Dada-Jingdong home to consider listing in the United States.
Earlier, on August 9, 2018, Dada-Jingdong came home to announce that it had completed a new round of $500 million in financing, with Wal-Mart and Jingdong as investors.
According to the data, Dada-Jingdong is the leading information service platform of the same city express delivery and instant consumption platform of the unbounded retail in China.
Under the company's banner, it has covered more than 400 major cities in China, serving more than 1.2 million business users and more than 50 million individual users, with daily peak volume reaching 10 million. Jingdong has also covered nearly 40 major cities such as Beijing, Shanghai and Guangzhou, with more than 50 million registered users, more than 20 million monthly active users and a daily peak volume exceeding 1 million.
Relying on Dada's efficient distribution and a large number of excellent retail partners, Jingdong comes home to provide consumers with a one-hour service experience of delivering a large number of commodities such as fresh vegetables and fruits, daily department stores, medical health, flower cakes, beauty care cosmetics and so on.