Money and business

Starting from Dubai .. A partnership to develop a global supply chain for the trade of used goods

The Dubai Airport Free Zone, affiliated to the Dubai Authority for Integrated Economic Zones, signed a memorandum of understanding with the Zhuanzhuan Group, one of the Chinese companies specialized in trading used goods, in preparation for establishing a strategic partnership aimed at developing a cross -border supply chain in the field of used consumer goods trade, From Dubai to the Middle East and the world markets.

This step embodies the commitment of “Davis” to support the circular economy by facilitating the entry of leading companies in this sector to the markets of the region, and providing an integrated business system across its economic regions, to enhance Dubai’s position as a global center for sustainable trade, and its position is established a strategic gate linking Asia to Africa and Europe.

According to the memo, signed by both the first vice president of customer services in the Dubai Airport Free Zone, Aref Al -Khoury and Vice President at Joan Joan Group, and Wang Soo, the company will start establishing a headquarters within the Dubai Airport Free Zone, to work to develop an integrated supply chain that includes recycling, qualitative inspection, classification and packaging, in parallel with the support of “Diz” To link with the relevant authorities from logistical companies, customs, clearance agents and distribution partners, within a framework that enhances operational efficiency and provides flexible and effective solutions.

“This partnership is an extension of the approach of the Emirate of Dubai in attracting quality investments and enhancing its presence within the global value chains, in line with our strategic goals in establishing the emirate’s position as a global center for sustainable trade.”

She added: «This comes from our commitment to supporting international companies in their career towards expansion and innovation, and in a way that contributes to achieving the targets of the Dubai Economic Agency D33, which aims to double the size of the emirate’s economy within 10 years, and consolidate its position one of the three best economic cities in the world, and enhances its attractiveness as a global destination for business and investment.”

“We are keen through this memo to facilitate procedures and provide an environment in support of the growth of the used commodity sector, especially in light of the rapid global shift towards the circular economy, by harnessing our capabilities and networks within the economic areas to facilitate the establishment and operation of (Joan Joan Group), and support its logistical operations and distribution chains.”

For its part, Vice President at Joan Joan Group, Wang Soo, said: “We look forward to contributing to the formulation of new standards for the trade of goods used in the region in light of the partnership with (Davis), which constitutes a pivotal step in our march towards global expansion, and we trust that the Emirate of Dubai will constitute an ideal starting point towards regional markets, thanks to its advanced infrastructure and trade facilities that It provides it, its logistical efficiency, and its strategic location. ”

Joan Joan Group, one of the most prominent Chinese companies specialized in the trade of used commodities, is the number of active users on its platforms in 2024, more than 50 million users per month, while the number of registered users is more than 400 million users, the majority of whom are from the generation of “Z”, and the company has an advanced technical and logistical infrastructure that includes more than 960 actually stores in 80 cities, and the company also leads qualitative initiatives in the field of the circular economy, such as the use of decomposing packaging and a cumulative cumulative reduction in carbon emissions exceeding 4.1 million tons.

• “Joan Joan Group” is a Chinese company that includes 50 million active users per month and 400 million registered users.

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