ZKH Group Limited Enters Strategically Comprehensive Cooperation Agreement with Tmall
ZKH Group Limited (ZKH)
Company Research
Source: PR Newswire
SHANGHAI, Nov. 22, 2024 /PRNewswire/ -- ZKH Group Limited ("ZKH" or the "Company") (NYSE: ZKH), a leading maintenance, repair and operations ("MRO") procurement service platform in China, today announced that it has entered into a comprehensive strategic partnership agreement (the "Agreement") with Zhejiang Tmall Technology Co., Ltd. ("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 leading industrial product brands to join Tmall's industrial product platform, and Tmall will provide tailored services to the stores and coo
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