Google News
spot_img

Chinese e-commerce platform JD.com expands into offline foodservice

Must Read

Beijing-headquartered e-commerce company JD.com and popular China-based foodservice chain Juqi have announced an innovative supply chain partnership, which will make the former the first platform in China to provide a one-stop supply chain solution covering both food and materials supply, and integrated warehousing and distribution services.

Through the cooperation, JD will also provide intelligent inventory management, and offer Juqi’s semi-prepared food to consumers through its platform.

JD will become the only supplier to Juqi by taking advantage of its vast SKU network and a self-operation business model which will ensure product safety and quality. For Juqi, the benefits include utilisation of JD’s nationwide logistics network to reduce labor and supply chain costs.

Latest News

Ex-Zomato executive-owned F&B company Ninecamp Ventures raises Rs 16 cr seed funding

The proceeds will be allocated to enhancing the brand portfolio, acquiring prime real estate, recruiting talent, and investing in...