ZKH Group partners with Tmall to boost industrial product sales and digital transformation in China.

ZKH Group Limited, a major Chinese MRO procurement platform, has formed a strategic partnership with Tmall, aiming to enhance industrial product market commercialization and supply expansion. The agreement, effective until October 31, 2026, will see Tmall offering specialized services to ZKH's industrial product brands. ZKH reported a Q3 2024 net revenue increase to RMB2,280.7 million with a higher gross margin, despite a net loss of RMB97.7 million.

November 22, 2024
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