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 Q1 2021

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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

Earnings data Q4 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

Dada Nexus reports strong Q3 performance, eyes growth opportunities

Dada Nexus (DADA) demonstrated robust performance with strong revenue growth and user expansion.
While facing challenges in profitability, the company's strategic focus on user retention and service quality is a key strength.
Opportunities for growth exist in expanding services, enhancing partnerships, and capitalizing on market demand.

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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.

Dada Nexus won big during the COVID-19 outbreak. Resulting from its Nasdaq IPO in June and follow-on offering in December, the company found itself with sufficient cash on hand to keep expanding in the ample Chinese market.

After A Stellar 2020, New Growth Catalysts Emerge For Dada Nexus

SHANGHAI, March 11, 2021 /PRNewswire/ -- Dada Group (Nasdaq: DADA) ("Dada"), China's leading local on-demand delivery and retail platform, is pleased to announce that JDDJ, Dada's on-demand retail platform and Nestlé China, the world's famous food and beverage company, launched a live-streaming e-commerce events titled "Morning! #Nes-trition Day!

Dada Group's JDDJ and Nestlé China Launched Nutritious Breakfast Live-streaming E-commerce Event

Dada Nexus Ltd (DADA) CEO Philip Kuai on Q4 2020 Results - Earnings Call Transcript

SHANGHAI, China, March 08, 2021 (GLOBE NEWSWIRE) -- Dada Group (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, 2020.

Dada Announces Unaudited Fourth Quarter and Fiscal Year 2020 Financial Results

SHANGHAI, March 4, 2021 /PRNewswire/ -- Dada Group (Nasdaq: DADA) ("Dada" or the "Company"), China's leading local on-demand delivery and retail platform, is pleased to announce that the Company joined Shanghai's "New Year Shopping Season" marketing event during this year's Chinese New...

Dada Group Joined Shanghai's New Year Shopping Season Campaign and Announced Livestreaming Partnership with Unilever

SHANGHAI, China, March 03, 2021 (GLOBE NEWSWIRE) -- Dada Group (DADA, “Dada” or the “Company”), a leading platform for local on-demand retail and delivery in China, today announced that it will release its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2020, on Monday, March 8, 2021, after the close of U.S. markets.

Dada to Announce Fourth Quarter and Fiscal Year 2020 Unaudited Financial Results on March 8, 2021

SHANGHAI, Feb. 26, 2021 /PRNewswire/ -- Dada Group (Nasdaq: DADA) ("Dada" or the "Company"), China's leading local on-demand delivery and retail platform, today announces that JDDJ, the on-demand retail platform of Dada, partners with retailers and brands to launch a special online...

Dada Group's JDDJ Celebrates 2021 Lantern Festival as Sales of Rice Dumpling Soars

SHANGHAI, Feb. 23, 2021 /PRNewswire/ -- Dada Group (Nasdaq: DADA) ("Dada" or the "Company"), China's leading local on-demand delivery and retail platform, is pleased to announce that JD Daojia (JDDJ), Dada's on-demand retail platform, is taking new measures to reduce the use of plastics...

Dada Group's JDDJ Has Offered 14 Million Degradable Plastic Bags Together with Supermarket Chains

SHANGHAI, Feb. 18, 2021 /PRNewswire/ -- Dada Group (Nasdaq: DADA) ("Dada" or the "Company"), China's leading local on-demand delivery and retail platform, is pleased to announce that JD Daojia (JDDJ), the on-demand retail platform of Dada, has collaborated with G-super, the innovative...

Dada Group's JDDJ Strengthens Partnership with G-super to Launch "Super Merchant Day" with New Sales Records

SHANGHAI, Feb. 17, 2021 /PRNewswire/ -- Dada Group (Nasdaq: DADA) ("Dada" or the "Company"), China's leading local on-demand delivery and retail platform, today announced that JDDJ, the on-demand retail platform of Dada, released its consumption trends of 2021 Chinese New Year. The trends...

Dada Group's JDDJ Highlights Consumption Trends of 2021 Chinese New Year

SHANGHAI, Feb. 11, 2021 /PRNewswire/ -- Dada Group (Nasdaq: DADA) ("Dada" or the "Company"), China's leading local on-demand delivery and retail platform, was invited to attend and share industry insights at Retail Week's 2021 'Accelerating Ecommerce Week' virtual event. As an expert in...

Dada Group Discusses Industry Insights and Walmart Partnership at Retail Week's 'Accelerating Ecommerce Week' Virtual Event

SHANGHAI, Feb. 5, 2021 /PRNewswire/ -- Dada Group (Nasdaq: DADA) ("Dada" or the "Company"), China's leading local on-demand delivery and retail platform, today announced that JD Daojia (JDDJ), Dada's on-demand retail platform, released its "Sales Report on Consumption Trends During...

Dada Group's JDDJ Releases Sales Report on Consumption Trends During Chinese New Year

SHANGHAI, China, Jan. 29, 2021 (GLOBE NEWSWIRE) -- Dada Nexus Limited (“Dada” or the “Company”) (NASDAQ: DADA), China's leading local on-demand delivery and retail platform, today announced the appointment of a new director to its board of directors (the “Board”): Mr. Rui Yu, effective January 27, 2021. Mr. Zhenhui Wang has concurrently resigned from his position as a director of the Board. After the change, the Board will continue to consist of nine members, two of whom are independent directors.

Dada Announces Change to Board Composition

SHANGHAI, Jan. 27, 2021 /PRNewswire/ -- Dada Group (Nasdaq: DADA) ("Dada" or "the Company"), China's leading local on-demand delivery and retail platform, and Ferrero, the global leading chocolate and confectionery manufacturer, today announced a new strategic partnership to create a new...

Dada Group and Ferrero Announce Strategic Partnership for New On-Demand Retail Model for Snack Food

SHANGHAI, Jan. 24, 2021 /PRNewswire/ -- Dada Group (Nasdaq: DADA) ("Dada" or the "Company"), China's leading local on-demand delivery and retail platform, is working with retailers and brands to provide safe, contactless on-demand delivery service in Shijiazhuang, Hebei Province, to...

Dada Group secures necessities supply in Shijiazhuang during COVID-19 outbreak -- Chinese National TV Reported

SHANGHAI, Jan. 18, 2021 /PRNewswire/ -- Dada Group (Nasdaq: DADA) ("Dada" or the "Company"), China's leading local on-demand delivery and retail platform, announced that JD Daojia ("JDDJ") has collaborated with the Consulate General of the Republic of Chile in Shanghai and the Chilean...

Dada Group's JDDJ Kick Off New Year Festival Campaign with Chilean Cherry Livestreaming E-Commerce Event

SHANGHAI, Jan. 15, 2021 /PRNewswire/ -- Dada Group (Nasdaq: DADA) ("Dada" or the "Company"), China's leading local on-demand delivery and retail platform, announced that Dada's local on-demand retail platform, JD Daojia ("JDDJ") has accelerated its geographic expansion into lower-tier...

Dada Group's JDDJ Announces New Partnerships with More Than 20 Leading Regional Supermarket Chains in China

BEIJING, Jan. 13, 2021 /PRNewswire/ -- Dada Group (Nasdaq: DADA) ("Dada" or the "Company"), China's leading local on-demand delivery and retail platform, is pleased to announce that JDDJ's Data Research Institute today released its 2020 White Paper, "On-demand Consumption of Mobile Phones....

Dada Group's JDDJ Releases White Paper Discussing On-Demand Consumption of Mobile Phones

Despite potential concerns around competition from community group buying players, Dada Nexus Ltd. (NASDAQ: DADA) stands apart with a differentiated O2O (online-to-offline) delivery model and serves consumer demand that is distinct, according to KeyBanc Capital Markets.

KeyBanc Initiates Dada Nexus With Bullish Rating

SHANGHAI, Jan. 7, 2021 /PRNewswire/ -- Dada Group (Nasdaq: DADA) ("Dada" or the "Company"), China's leading local on-demand delivery and retail platform, today announced that Jun Yang, Dada's Co-Founder, Director and Chief Technology Officer, attended and delivered remarks at China...

Dada Group's Jun Yang: On-Demand Delivery Empowers Local Retail by Cutting Costs and Improving Efficiency

SHANGHAI, Jan. 3, 2021 /PRNewswire/ -- Dada Group (Nasdaq: DADA) ("Dada" or the "Company"), China's leading local on-demand delivery and retail platform, is offering one-hour delivery to customers across China. Since the onset of COVID-19, the e-commerce industry in China has grown...

Dada Group Leads in One-Hour Delivery as Chinese E-Commerce Grows Amid the Pandemic and Beyond

SHANGHAI, Dec. 30, 2020 /PRNewswire/ -- Dada Group (Nasdaq: DADA) ("Dada" or the "Company"), China's leading local on-demand delivery and retail platform, is proud to celebrate the Company's top 10 achievements of 2020. "In a year marked by uncertainty, Dada has consistently offered...

Dada Group Celebrates Top 10 Milestones and Achievements of 2020

SHANGHAI, Dec. 29, 2020 /PRNewswire/ -- Dada Group (Nasdaq: DADA) ("Dada" or the "Company"), China's leading local on-demand delivery and retail platform, is pleased to announce the Company's inclusion on Hurun Research Institute's "China's Top 500 Private Enterprises in 2020" list, based...

Dada Group Included on Hurun's Top 500 Private Enterprises in China List

SHANGHAI, Dec. 24, 2020 /PRNewswire/ -- Dada Group (Nasdaq: DADA) ("Dada" or the "Company"), China's leading local on-demand delivery and retail platform, and PepsiCo, a global leader in convenience foods and beverages, announced a new strategic partnership. The partnership will focus on...

Dada Group and PepsiCo Deepen Strategic Partnership and Launch "Bring Happiness Home" Campaign for Chinese Spring Festival

SHANGHAI, Dec. 23, 2020 /PRNewswire/ -- Dada Group (Nasdaq: DADA) ("Dada"), China's leading local on-demand delivery and retail platform, today announced that Dada Now, its on-demand delivery platform, celebrated three years of partnership with Sam's Club. Sam's Club is a division of...

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