STOCK TITAN

Romance-related Spending Surges on JD Shop Now for Valentine's Day

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags

SHANGHAI, Feb. 15, 2023 /PRNewswire/ -- During this year's Valentine's Day, which came shortly after Chinese New Year, sales of traditional romantic gifts like flowers, chocolates and cakes spiked on JD Shop Now, the on-demand retail business jointly launched by JD.com and Dada Group, which delivers to consumers' doorsteps within one hour.

As an essential part of JD's eco-system, JD Shop Now closely links various physical retail stores, playing an important role in the product transaction network to improve the overall efficiency of goods picking and delivery.

From February 11 to 12, sales of flowers increased more than 3 times compared with that from February 4 to 5, with sales on February 14 accounting for about 60 percent of the whole festival period from Feb 11 to 14, according to JD Shop Now.

The number of searches for gifts to wives/girlfriends and husbands/boyfriends were both around sevenfold higher than on normal days. Data from JD Shop Now shows that beauty sets, perfume and jewelry are listed as the top 3 gifts for women, and sales of makeup sets, perfume and silver ornaments were up by 10, 2 and 7 times respectively. Game machines, electric razors and skin-care sets are the most popular gifts for men.

Spending for pets was a clear growth trend, according to data. JD Shop Now saw sales surge in outdoor potable pet kits, pet medical products and beauty supplies.

Consumers' shopping preferences vary in different cities. Consumers living in Shanghai shopped for a lot of chocolate products from JD Shop Now, followed by Dalian, Shijiazhuang, Shenzhen and Wuhan. Meanwhile, those in Beijing took the lead in consumption of flowers, Guangzhou is top in beauty consumption, and consumers in Qingdao purchased mainly in outdoor sports equipment.

About cooperation between Dada Group and JD.com

In October 2021, Dada Group and JD.com jointly launched the Shop Now service, and "Nearby", a new tab on the homepage of JD.com's app, which were designed to connect customers to nearby offline stores. The new business was overall undertaken by Dada Group. Shop Now service enhances on-demand location-based retail capabilities of both Dada and JD to provide one-hour  retail and delivery services for consumers and partners. By clicking into the new Nearby tab, JD's roughly 588 million users will have the opportunity to discover offline stores within a 3-5 kilometer radius of their shipping address with a wide array of product offerings.

Cision View original content:https://www.prnewswire.com/news-releases/romance-related-spending-surges-on-jd-shop-now-for-valentines-day-301747267.html

SOURCE Dada Group

Dada Nexus Limited American Depositary Shares

NASDAQ:DADA

DADA Rankings

DADA Latest News

DADA Stock Data

555.53M
326.91M
3.04%
27.45%
1.61%
Electronic Shopping
Retail Trade
Link
United States of America
Shanghai

About DADA

公司介绍(网址:www.imdada.cn) 达达-京东到家是中国最大的同城速递平台和生鲜商超 o2o 平台,同城速递平台“达达”目前已经覆盖全国 360 多个重要城市,拥有300 多万众包配送员, 服务超过 80 万商家用户和 3000 万个人用户,日单量峰值超过 400 万单。其生鲜商超 o2o 平台“京东到家”,包含超市便利、新鲜果蔬、零食小吃、鲜花烘焙、 医药健康等业务,覆盖北京、上海、广州等 22 个城市,注册用户超过 3000 万。 公司成立于 2014 年初,先后获得了红杉、dst、京东、沃尔玛等顶级基金和战略合作伙伴的投资,累计融资金额近 7 亿美金。 京东到家 移动app 京东到家是全国领先的生鲜商超o2o平台,包含超市便利、新鲜果蔬、零食小吃、鲜花烘焙、 医药健康等业务。京东到家向消费者提供生鲜及超市产品的配送,并基于lbs定位实现1小时内快速送达,覆盖北京、上海、广州等 22个城市,注册用户超过3000万。 达达 移动app 众包物流平台:达达,通过众包和移动的方式解决电商配送的痛点,为中国众多的零售、服务和o2o企业提供同城速递服务;目前日均订单量过百万单,其中99%的订单在一小时之内配送完成,80%的订单在30分钟之内配送完成。 boss秀: 创始人ceo 蒯佳祺 本科毕业于同济大学物流工程专业,拥有美国麻省理工学院(mit)的物流工程硕士学位。 在创立达达之前, 曾任职oracle,麦肯锡,安居客和易传媒的创始成员和高管。 cto 杨骏 本科毕业于浙江大学计算机专业,拥有美国卡耐基梅隆大学(cmu)的计算机博士学位。 曾任职于square,领导growth team;并在facebook和google工作多年,作为最早的华人工程师之一。 了解更多信息请关注:达达-京东到家微信公众号:jddaojia 大研发技术博客:dada-tech