(Yicai Global) April 16 -- China Resources Vanguard Co., a leading domestic grocery retailer, has opened online stores on JD.Com Inc.’s home delivery platform for two of its hypermarkets located in Hangzhou and Nanjing, the respective provincial capitals of eastern Zhejiang and Jiangsu provinces.
The two parties have agreed a deal to add online stores covering some 2,000 Vanguard supermarkets across 30 cities to the JD Daojia platform in the future, the Shenzhen-based firm said in a statement.
Premium e-commerce platform JD Daojia provides one-hour delivery of groceries to consumers in first- and second-tier cities such as Shanghai, Wuhan and Tianjin.
Under the deal, JD Daojia will provide Vanguard with services covering online traffic management and order fulfillment products to provide shoppers with access to its comprehensive digital platform.
Founded some 30 years ago, Vanguard ranks among the largest retail chains in China, with annual sales of CNY103.6 billion last year, outstripping all other Chinese grocery retailers.
JD Daojia announced a similar deal with US retail warehouse chain Sam’s West Inc., better known as Sam’s Club, last week. The firm has initially started the service in the city of Shenzhen in southern Guangdong province and plans for expansion to other cities nationally.
Editor: William Clegg