Benzinga | Aug 25, 2021 03:37PM EDT

Missfresh Reports Solid Sales On JD.com Platforms

* Missfresh Ltd (NASDAQ:MF) clocked a 389% increase in sales on JD.Com Inc's (NASDAQ:JD) JD.com and JD-Daojia (JDDJ) since the start of its collaboration in April 2021.

* Currently, ~570 of Missfresh's Distributed Mini Warehouses (DMWs) sell on JDDJ in 17 cities across China.

* Missfresh began the sale of goods on JDDJ through the Omnichannel Fulfillment Program.

* In the last five months, the top five best-selling categories are fruits, vegetables, eggs, dairy, and drinks.

* Price Action: MF shares are trading higher by 0.41% at $4.83 on the last check Wednesday.