Dada Nexus

Dada Nexus Ltd. provides a platform for local on-demand retail and delivery in China. The company operates JD-Daojia, a local on-demand retail platform; and Dada Now, a local on-demand delivery platform in China. Dada Nexus was founded by Jia Qi Kuai and Jun Yang on July 8, 2014 and is headquartered in Shanghai, China.

Earnings data Q4 2020

Earnings data Q1 2021

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Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

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Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Dada Nexus reports robust Q1 performance, eyes growth opportunities

Dada Nexus (DADA) showcased strong financial and operational performance in Q1 2023, driven by revenue growth and margin improvement.
The company's strategic partnerships, focus on key categories, and expansion of delivery services position it well for future growth.
While challenges like achieving profitability persist, Dada Nexus has opportunities to capitalize on market trends, enhance customer engagement, and drive further expansion.

Dada Nexus achieves positive net income, eyes sustainable growth strategies

Dada Nexus delivered strong financial results, marked by revenue growth and positive adjusted net income, underpinned by operational enhancements and strategic initiatives.
The company's focus on profitability, brand building, and partnerships positions it well for sustained growth and value creation in the competitive on-demand delivery market.
While facing challenges in unit economics and macro conditions, Dada Nexus remains optimistic about its long-term prospects, emphasizing margin improvement and growth strategies.

Dada Nexus reports robust Q3 earnings, eyes growth amid challenges

Dada Nexus delivered a strong performance in Q3 2023, with notable revenue growth and operational achievements, underpinned by strategic partnerships and category expansion.
While facing challenges such as increased costs and net losses, the company maintains financial stability and resilience, with opportunities to drive further growth and profitability.
With a positive outlook for Q4 2023 and a focus on cost management, Dada Nexus is well-positioned to leverage opportunities and navigate challenges for sustained success.

Dada Nexus reports revenue growth and operational expansion in 2023

Dada Nexus showed improved financial performance in Q4 2023 and full year 2023, with revenue growth and narrowing net losses.
Operational highlights and strategic initiatives indicate the company's focus on efficiency, expansion, and market positioning.
While facing challenges in financial reporting accuracy and profitability, Dada Nexus has opportunities to capitalize on market growth and enhance shareholder value.

Dada Nexus reports robust Q1 revenue growth and strategic focus

Dada Nexus (DADA) showcased strong revenue performance and operational improvements in Q1 2024.
While facing a net loss, the company's strategic focus on user experience and growth initiatives bodes well for the future.
Challenges include cost management and competitive pressures, but opportunities for expansion and synergy-driven growth are evident.
Overall, Dada Nexus is poised for growth with a strategic roadmap emphasizing user experience and operational efficiency.

Dada Nexus reports robust Q2 growth amidst profitability challenges

Dada Nexus delivered strong Q2 results, focusing on high-quality growth and user experience
Challenges include profitability concerns, competition, and managing growth effectively
Opportunities exist in leveraging platform synergies, meeting consumer demand, and strategic partnerships

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Dada Nexus Ltd. engages in the provision of platform for local on-demand retail and delivery in China. It operates JD-Daojia, a local on-demand retail platform; and Dada Now, a local on-demand delivery platform in The company was founded by Jia Qi Kuai and Jun Yang on July 8, 2014 and is headquartered in Shanghai, China.

SHANGHAI, China, Aug. 15, 2023 (GLOBE NEWSWIRE) -- Dada Nexus Limited (NASDAQ: DADA, “Dada” or the “Company”), China's leading local on-demand delivery and retail platform, today announced its unaudited financial results for the second quarter ended June 30, 2023.

Dada Announces Unaudited Second Quarter 2023 Financial Results

SHANGHAI, China, Aug. 09, 2023 (GLOBE NEWSWIRE) -- Dada Nexus Limited (“Dada” or the “Company”) (NASDAQ: DADA), China's leading local on-demand delivery and retail platform, today announced that it will release its unaudited financial results for the second quarter ended June 30, 2023, on Tuesday, August 15, 2023, after the close of U.S. markets.

Dada to Announce Unaudited Second Quarter 2023 Financial Results on August 15, 2023

SHANGHAI, China, May 31, 2023 (GLOBE NEWSWIRE) -- Dada Nexus Limited (“Dada” or the “Company”) (NASDAQ: DADA), China's leading local on-demand delivery and retail platform, today released its 2022 ESG report. In 2022, Dada remained steadfast in its commitment to delivering a sustainable future. The report details Dada's key initiatives and development in ESG efforts surrounding shareholders, employees, users, partners, and community.

Dada Publishes 2022 ESG Report

SHANGHAI, China, May 10, 2023 (GLOBE NEWSWIRE) -- Dada Nexus Limited (NASDAQ: DADA, “Dada” or the “Company”), China's leading local on-demand delivery and retail platform, today announced its unaudited financial results for the first quarter ended March 31, 2023.

Dada Announces Unaudited First Quarter 2023 Financial Results

SHANGHAI, China, May 04, 2023 (GLOBE NEWSWIRE) -- Dada Nexus Limited (“Dada” or the “Company”) (NASDAQ: DADA), China's leading local on-demand delivery and retail platform, today announced that it will release its unaudited financial results for the first quarter ended March 31, 2023, on Wednesday, May 10, 2023, after the close of U.S. markets.

Dada to Announce Unaudited First Quarter 2023 Financial Results on May 10, 2023

SHANGHAI, China, April 25, 2023 (GLOBE NEWSWIRE) -- Dada Nexus Limited (“Dada” or the “Company”) (NASDAQ: DADA), China's leading local on-demand delivery and retail platform, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2022 with the U.S. Securities and Exchange Commission (“SEC”) on April 25, 2023. The annual report can be accessed on the Company's investor relations website at https://ir.imdada.cn/ as well as the SEC's website at http://www.sec.gov.

Dada Files Annual Report on Form 20-F for Fiscal Year 2022

SHANGHAI , March 27, 2023 /PRNewswire/ -- JDDJ and Shop Now, the on-demand retail business jointly launched by JD.com, and Dada Group (Nasdaq: Dada), has reported great growth amidst significant expansion over the last 12 months in recent annual results. In particular, the home alliance category has seen large growth.

Annual Sales of Home Appliances on Shop Now Platform Increases 9-Fold Year-on-Year

Dada Nexus Limited's 2023 guidance points to a slight moderation in revenue growth, but the company is expected to turn profitable on a non-GAAP basis this year. Dada Nexus' new partnership with Douyin has significant growth potential, but this is dependent on Douyin's ability to compete successfully with Meituan in the Chinese food delivery space.

Dada Nexus: Spotlight On 2023 Outlook And New Partnership

SHANGHAI , March 15, 2023 /PRNewswire/ -- The on-demand delivery service platform from Dada Group (Nasdaq: DADA) ("Dada"), Dada Now, has recently launched an automobile delivery service, to better support small and medium enterprises (SMEs). To date, the automobile delivery service has been launched in more than 60 cities nationwide, including Beijing, Harbin, Fuzhou, Changsha, Hefei and Shanghai, among others.

DADA Now's Automobile Delivery Service Fulfills 3.3 million orders in 60 cities Across China

Dada Nexus Ltd (NASDAQ:DADA ) Q4 2022 Earnings Conference Call March 8, 2023 8:30 PM ET Company Participants Caroline Dong - Head, IR Jeff Huijian He - President & Director Beck Chen - CFO Conference Call Participants Ronald Keung - Goldman Sachs Group Thomas Chong - Jefferies Alicia Yap - Citigroup Andre Chang - JPMorgan Chase & Co. Operator Good morning, ladies and gentlemen, and thank you for standing by for Dada's Fourth Quarter 2022 Earnings Conference Call. [Operator Instructions].

Dada Nexus Ltd (DADA) Q4 2022 Earnings Call Transcript

SHANGHAI, China, March 08, 2023 (GLOBE NEWSWIRE) -- Dada Nexus Limited (NASDAQ: DADA, “Dada” or the “Company”), China's leading local on-demand delivery and retail platform, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2022.

Dada Announces Unaudited Fourth Quarter and Fiscal Year 2022 Financial Results

SHANGHAI, China, March 01, 2023 (GLOBE NEWSWIRE) -- Dada Nexus Limited (“Dada” or the “Company”) (NASDAQ: DADA), China's leading local on-demand delivery and retail platform, today announced that it will release its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2022, on Wednesday, March 8, 2023, after the close of U.S. markets.

Dada to Announce Unaudited Fourth Quarter and Fiscal Year 2022 Financial Results on March 8, 2023

Does Dada Nexus Limited Sponsored ADR (DADA) have what it takes to be a top stock pick for momentum investors? Let's find out.

Are You Looking for a Top Momentum Pick? Why Dada Nexus Limited Sponsored ADR (DADA) is a Great Choice

Dada Nexus Ltd - ADR DADA shares are trading higher by 20.08% to $12.32 during Thursday's session. Shares of Chinese companies at large are trading higher Thursday after Chinese regulators reportedly approved a capital raise for Ant Group.

Why Dada Nexus Shares Are Trading Higher - Dada Nexus (NASDAQ:DADA)

Dada Nexus Ltd - ADR DADA shares are trading higher by 15.87% to $10.22 Wednesday. Shares of Chinese companies at large are trading higher after Chinese regulators reportedly approved a capital raise for Ant Group.

What's Happening With Dada Nexus Shares During Wednesday's Trading Session - Dada Nexus (NASDAQ:DADA)

SHANGHAI , Jan. 2, 2023 /PRNewswire/ -- This year, on-demand retail has been increasingly valued by more retail and brand partners of Dada Group (Nasdaq: DADA), China's leading local on-demand retail and delivery platform. As a new way to connect online and offline integration, on-demand retail has promoted the integration of the real economy and the digital economy, as well as the process of industry digitization.

Dada Group's Impressive 2022 Year in Review

SHANGHAI , Dec. 29, 2022 /PRNewswire/ -- Dada Group (Nasdaq: DADA) ("Dada" or the "Company"), China's leading local on-demand retail platform, announced the launch of its CNY Shopping Festival at 8 p.m. on Dec.16th, which will run through winter solstice, Laba, New Year's Day, the Spring Festival and the Lantern Festival, ending on Feb.5th, with the theme "Family together, enjoy great gifts.

JD Shop Now's CNY: Multi-measures Drive Growth for More Than 35,000 Merchants

SHANGHAI , Dec. 18, 2022 /PRNewswire/ -- JDDJ, China's leading on-demand retail platform operated by Dada Group (NASDAQ: DADA) recently participated in the 2022 China Retail Leaders Summit held by the China Chain Store and Franchise Association (CCFA) in Suzhou. At the summit, JDDJ was invited to discuss the future of retail and the importance of improving infrastructure in order to optimize the synergy between cost, efficiency, and experience.

JDDJ at CCFA 2022 Summit: Balance Cost, Efficiency and Experience

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Late 2022 is shaping up to be a fine time for the company.

Why Dada Nexus Stock Was Blasting Higher This Week

Dada Nexus, Inc. (NASDAQ:DADA ) Q3 2022 Earnings Conference Call November 17, 2022 8:30 PM ET Company Participants Caroline Dong - Head, IR Jeff Huijian - President & Director Beck Chen - CFO Conference Call Participants Ronald Keung - Goldman Sachs Thomas Chong - Jefferies Alicia Yap - Citi Ashley Xu - Crédit Suisse Andre Chang - JPMorgan Chase & Co. Operator Good morning, ladies and gentlemen, and thank you for standing by for Dada's Third Quarter 2022 Earnings Conference Call. [Operator Instructions].

Dada Nexus, Inc. (DADA) Q3 2022 Earnings Call Transcript

SHANGHAI, China, Nov. 17, 2022 (GLOBE NEWSWIRE) -- Dada Nexus Limited (NASDAQ: DADA, “Dada” or the “Company”), China's leading local on-demand delivery and retail platform, today announced its unaudited financial results for the third quarter ended September 30, 2022.

Dada Announces Unaudited Third Quarter 2022 Financial Results

Over 200,000 physical stores joined Double 11 on JDDJ and JD Shop Now. Dada Now delivered 120 million orders during 2022 Double 11 shopping festival.

Dada Group sets new records for sales and delivery volume during 2022 Singles' Day Grand Promotion

SHANGHAI, China, Nov. 11, 2022 (GLOBE NEWSWIRE) -- Dada Nexus Limited (“Dada” or the “Company”) (NASDAQ: DADA), China's leading local on-demand delivery and retail platform, today announced that it will release its unaudited financial results for the third quarter ended September 30, 2022, on Thursday, November 17, 2022, after the close of U.S. markets.

Dada to Announce Third Quarter 2022 Unaudited Financial Results on November 17, 2022

The number of physical shops participating in the Double 11 Shopping Festival through the JDDJ platform, i s doubling from that of last year. The first order, a latest Redmi Note 12 was delivered to customer nine minutes after the order wa s placed.

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