Dada Group Partners With Tyson Foods

Dada Group (DADA), on-demand delivery and retail platform in China, said that it has established the strategic partnership with Tyson Foods (TSN), leading the trend of fresh meat category in the field of on-demand retail in China.

Tyson has become one of the largest fresh meat brands in China's on-demand retail market and a leader on O2O platforms in the fresh food category, Dada said in a statement.

Tyson has established the industrial chain of protein products in East, South, Central and Northeast China.

Tyson China said it believes that the strategic cooperation can facilitate the digital upgrade of on-demand retail, and spur the domestic consumption.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
General Motors Co. (GM) said its second-quarter results were better than originally expected due to strong pricing and demand, record GM Financial results and improved near-term production from the pull forward of semiconductors from the third quarter. Based on first-half performance and expectations... PepsiCo, Inc. (PEP) has reached an agreement with private equity firm PAI Partners to sell Tropicana, Naked and other select juice brands across North America. The agreement also includes an irrevocable option to sell certain juice businesses in Europe. The combined pre-tax cash proceeds will be approximately... Drug major Eli Lilly And Co. reported Tuesday weak profit in its second quarter, despite higher revenues driven by strong volume across core business and most major geographies. Further, the company trimmed its forecast for fiscal 2021 earnings on a reported basis and margin, while maintained adjusted earnings view above market estimates. The company also tightened full-year revenue forecast.
Follow RTT