ZKH Group (ZKH) announced that it has entered into a strategic partnership agreement with Tmall with respect to the cooperation between the company’s GBB Platform and Tmall’s industrial product platform. The agreement will be effective until October 31, 2026 when it will be automatically renewed unless either party objects. Under the agreement, the company and Tmall will cooperate to explore commercialization models for the market of industrial products, and facilitate the upgrade and expansion of both parties’ industrial product supplies. In particular, the company will arrange for flagship stores of industrial product brands to join Tmall’s industrial product platform, and Tmall will provide tailored services to the stores and coordinate with its various internal teams to offer support.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on ZKH:
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.