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Dada Nexus Ltd - DADA STOCK NEWS

Welcome to our dedicated page for Dada Nexus news (Ticker: DADA), a resource for investors and traders seeking the latest updates and insights on Dada Nexus stock.

Dada Nexus Ltd (DADA) operates at the intersection of on-demand retail and hyperlocal logistics, powering rapid delivery solutions for urban consumers and businesses. This page aggregates official announcements and verified news covering strategic developments across its dual focus areas: retail platform services and intelligent logistics operations.

Investors and industry observers will find timely updates on quarterly earnings, technology partnerships, and market expansion initiatives. The curated selection includes press releases about logistics network enhancements, retail client acquisitions, and innovations in delivery optimization algorithms that maintain sub-hour service windows.

All content undergoes strict verification to ensure alignment with regulatory standards for financial disclosures. Users can track the company's progress in key operational metrics through filtered updates on rider network growth, new advertising partnerships, and O2O platform integrations without promotional commentary.

Bookmark this page for streamlined access to Dada Nexus's evolving position in competitive markets across China, particularly its advancements in merging real-time delivery capabilities with digital retail enablement tools for merchants.

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Dada Nexus (NASDAQ: DADA), a leading local on-demand retail and delivery platform in China, released its 2023 ESG report, highlighting significant environmental, social, and governance (ESG) initiatives. Important achievements include a 30% decrease in quality-related issues, a 95% fulfillment rate, and a 90% after-call satisfaction rate. The company achieved a 15% increase in user NPS and collaborated with over 500,000 merchant stores and 300 brands. Dada also emphasized rider safety with high satisfaction rates and extensive training. In green development, Dada reduced Scope 1 and 2 emissions by 18% and increased biodegradable plastic usage to 92%.

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Dada Nexus , a leading on-demand retail and delivery platform in China, announced its unaudited financial results for Q1 2024. The company reported total net revenues of RMB2,451.8 million, down 3.3% YoY. JD NOW revenues dropped 28.4% to RMB1,278.5 million, while Dada Now revenues surged 56.7% to RMB1,173.2 million. Operational expenses increased, primarily due to higher rider costs. Despite investments, the non-GAAP net loss margin remained stable. Key user metrics showed promising growth, with a notable increase in monthly transacting users and orders. However, the company reported a net loss of RMB328.0 million, slightly down from RMB350.4 million in Q1 2023. Cash reserves stood at RMB3,813.2 million as of March 2024.

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Dada Nexus (NASDAQ: DADA), a leading local on-demand retail and delivery platform in China, will release its unaudited financial results for Q1 2024 on May 15, 2024. The company will host a conference call to discuss earnings at 9:30 p.m. Eastern Time on the same day. Participants can register in advance and access the call details. A telephone replay and webcast will be available post the call.

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Dada Nexus , a leading local on-demand retail and delivery platform in China, has filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the SEC. Shareholders can access the report online or request a hard copy free of charge. The company aims to maintain transparency and provide financial information to its investors.
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Dada Nexus (NASDAQ: DADA) announced its unaudited financial results for Q4 and fiscal year 2023, showing total net revenues of RMB2,752.2 million and RMB10,506.3 million, respectively. Despite an increase in revenues, the company reported a net loss of RMB1,282.4 million for Q4 and RMB1,957.5 million for the fiscal year.
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Dada Nexus (DADA) will release unaudited financial results for Q4 and fiscal year 2023 on March 25, 2024. The Company will host a conference call to discuss earnings. Participants can pre-register for the call using the provided link.
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Dada Nexus Limited (NASDAQ: DADA) announced the resignation of Chairman Lijun Xin and CFO Beck Zhaoming Chen, with Ian Su Shan and Henry Jun Mao named as their successors. Ian Su Shan, who previously served as the CFO of JD.com, Inc., will take over as Chairman, while Henry Jun Mao, previously the Head of Investor Relations at JD Logistics, Inc., will be the new CFO.
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Dada Nexus Limited (NASDAQ: DADA) announced unaudited financial results for Q3 2023, reporting a 20.4% increase in total net revenues year over year. The company's GMV for JDDJ saw a 24.0% increase. Total net revenues reached RMB2,866.6 million, with an increase in net revenues from Dada Now and JDDJ. The company posted a net loss of RMB166.0 million, down from RMB454.3 million in the same period of 2022. Dada expects total net revenues for Q4 2023 to be between RMB3,000 million and RMB3,300 million, representing year-over-year growth of 12% to 23%.
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Dada Nexus Limited (NASDAQ: DADA) will release its unaudited financial results for Q3 2023 on November 14, 2023, after the close of U.S. markets. A conference call to discuss the earnings will be held at 8:30 p.m. Eastern Time. Register in advance using the provided link. Webcast available on the Investor Relations section of Dada’s website.
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Dada Nexus Limited announces unaudited financial results for Q2 2023, with total net revenues of RMB2,810.6 million, an increase of 23.2% YoY. Gross Merchandise Volume of JDDJ for the twelve months ended June 30, 2023, was RMB70.8 billion, an increase of 29.8% YoY. Dada reports its first-ever positive quarterly non-GAAP net income of RMB8.4 million. The company expects total net revenues for Q3 2023 to be between RMB2,800 million and RMB3,000 million, representing YoY growth of 17.6% to 26.0%.
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477.76M
251.72M
2.47%
13.45%
1.15%
Internet Retail
Consumer Cyclical
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China
Shanghai