JD.com Advisor Guo Qing to Take Over as Dada Group's Chairman

TapTechNews August 22nd news, the local instant retail and delivery platform Dada Group announced today that Guo Qing, an advisor of JD.com, will take over as the chairman of the board.

Dada Group also released the performance report for the second quarter of 2024. In terms of JD Instant Delivery, in the second quarter, both the monthly average number of users placing orders and the number of orders in the JD.com app field increased by more than 100% year-on-year; the growth rate of high-frequency users in the JD.com app field exceeded 110% year-on-year and was accelerating month by month.

In the first half of this year, Dada Instant Delivery achieved a business revenue of 2.6 billion yuan, a year-on-year increase of 51%; the total number of completed orders was 1.23 billion, a year-on-year increase of 15%; the gross revenue was 5.5 billion yuan, a year-on-year increase of 15%.

TapTechNews learned from public information that Guo Qing is the co-founder and CEO of Xianglu Technology, the vice president of the China Hotel Association, the former member of Meituan's S-team and the executive chairman of the Sales Committee.

In January this year, Guo Qing joined JD.com. 36Kr news said that Guo Qing will take over Dada Group and report directly to Xu Ran, the CEO of JD.com and retail, and he has previously served as Xu Ran's advisor, responsible for researching and exploring robot-related businesses. This happened shortly after Guo Qing's founded Xianglu Technology received tens of millions of yuan in financing from JD.com. Some insiders said that the real purpose of JD.com's investment in Xianglu Technology is to poach Guo Qing and prepare for his entry into JD.com. As a stir-fry robot company, Xianglu Technology is not coordinated with the main business of JD.com, unless it is a pure financial investment.

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