JDDJ

Dada Announces Unaudited Fourth Quarter and Fiscal Year 2023 Financial Results

Retrieved on: 
Monday, March 25, 2024
Research, PIN, CSA, Dow Jones, BBB, JDDJ, ESG, MSCI, Acquisition, Investment, Share repurchase, Marketing, Advertising, Cryptocurrency

Operations and support costs were RMB6,530.3 million, compared with RMB5,743.0 million in 2022.

Key Points: 
  • Operations and support costs were RMB6,530.3 million, compared with RMB5,743.0 million in 2022.
  • Selling and marketing expenses were RMB4,474.1 million, compared with RMB4,747.9 million in 2022.
  • In September 2023, the S&P Global Corporate Sustainability Assessment (CSA) gave Dada an ESG score of 37, placing Dada in the top 16% of the industry.
  • A telephone replay of the call will be available after the conclusion of the conference call through April 2, 2024.

Dada Announces Unaudited Third Quarter 2023 Financial Results

Retrieved on: 
Tuesday, November 14, 2023
Ministry, Rural area, Acquisition, Research, Ministry of Commerce (Myanmar), State Post Bureau, Investment, Food, Public, PIN, Commerce, Student, Marketing, Advertising, JDDJ, Kotex, School, Ferrero, Growth, GMV, Cryptocurrency, Video game, Pharmaceutical industry, Internet service provider, Unilever

Net revenues generated from JDDJ increased by 15.6% from RMB1,544.3 million in the third quarter of 2022 to RMB1,785.0 million in the third quarter of 2023, mainly due to the increase in GMV.

Key Points: 
  • Net revenues generated from JDDJ increased by 15.6% from RMB1,544.3 million in the third quarter of 2022 to RMB1,785.0 million in the third quarter of 2023, mainly due to the increase in GMV.
  • Total costs and expenses were RMB3,107.4 million, compared with RMB2,919.6 million in the same quarter of 2022.
  • Net loss attributable to ordinary shareholders of Dada was RMB166.0 million, compared with RMB454.3 million in the same quarter of 2022.
  • For the fourth quarter of 2023, Dada expects total net revenues to be between RMB3,000 million and RMB3,300 million, representing year-over-year growth of 12% to 23%.

JD.com Announces Second Quarter and Interim 2023 Results

Retrieved on: 
Wednesday, August 16, 2023
JD.com, Marketing, Pearl River Delta, Computer, Dermatology, Hospital, AAA, Patient, Investment, Aesop, JDDJ, Sport, ESG, Supply, Transport, L'Oréal, Cosmetics, JD, Growth, Carbon, HKD, US, HKEX, Ethics, Research, RMB, Result, ADS, Alfred Sisley, State Administrative Expenses, EBITDA, Novartis, Novo Nordisk, Ultra, City, EPS, Bottega Veneta, Pharmacy, Ecosystem, GMV, Video game, Cryptocurrency, Retail, Pharmaceutical industry, Warehouse, Byredo, Social, Missoni

Net revenues for the second quarter of 2023 were RMB287.9 billion (US$139.7 billion), an increase of 7.6% from the second quarter of 2022.

Key Points: 
  • Net revenues for the second quarter of 2023 were RMB287.9 billion (US$139.7 billion), an increase of 7.6% from the second quarter of 2022.
  • Net service revenues for the second quarter of 2023 were RMB54.1 billion (US$7.5 billion), an increase of 30.1% from the second quarter of 2022.
  • Diluted net income per ADS for the second quarter of 2023 was RMB4.15 (US$0.57), compared to RMB2.74 for the second quarter of 2022.
  • Diluted net income per ADS for the second quarter of 2023 was RMB4.15 (US$0.57), compared to RMB2.74 for the second quarter of 2022.

Dada Announces Unaudited Second Quarter 2023 Financial Results

Retrieved on: 
Tuesday, August 15, 2023
Advertising, Scholarship, Marketing, Research, Temperature, Heat stroke, PIN, Investment, JDDJ, City, ESG, Weather, Growth, GMV, Family, Cryptocurrency, Video game, Transport, Internet service provider

Net revenues generated from Dada Now increased by 20.2% from RMB815.6 million in the second quarter of 2022 to RMB980.4 million in the second quarter of 2023, mainly driven by the increases in order volume of intra-city delivery service to chain merchants.

Key Points: 
  • Net revenues generated from Dada Now increased by 20.2% from RMB815.6 million in the second quarter of 2022 to RMB980.4 million in the second quarter of 2023, mainly driven by the increases in order volume of intra-city delivery service to chain merchants.
  • Net revenues generated from JDDJ increased by 24.9% from RMB1,465.5 million in the second quarter of 2022 to RMB1,830.2 million in the second quarter of 2023, mainly due to the increase in GMV.
  • Net loss attributable to ordinary shareholders of Dada was RMB158.7 million, compared with RMB578.8 million in the same quarter of 2022.
  • For the third quarter of 2023, Dada expects total net revenues to be between RMB2,800 million and RMB3,000 million, representing year-over-year growth of 17.6% to 26.0%.

Dada Publishes 2022 ESG Report

Retrieved on: 
Wednesday, May 31, 2023
Nexus, Communication, Letter, Employment, Female, All-China Federation of Industry and Commerce, Merchant, Data collection, Woman, Corporate social responsibility, Privacy, Carbon, CSR, NPS, Business ethics, A (Cyrillic), Ethics, JDDJ, Growth, ESG, Health, Safety, Commerce, Audit, Management, Health insurance, Life insurance, Online shopping, Renewable energy

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.

Key Points: 
  • 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.
  • To view the report in full, please visit the ESG section on the Company’s IR website at https://ir.imdada.cn/corporate/environmental-social-and-governance .

JD.com Announces First Quarter 2023 Results

Retrieved on: 
Thursday, May 11, 2023
National Rural Revitalization Administration, JD.com, Huawei, Internet, Supermarket, Acquisition, Collection, Patient, Investment, JDDJ, ESG, Supply, FMCG, Disease, Pharmacy, Electronics, JD, Growth, Rare, Health, Foxconn, US, HKEX, SKU, Research, Partnership, Result, ADS, COVID, Marketing, State Administrative Expenses, EBITDA, City, Ecosystem, EPS, AI, Video game, Bank, Retail, Online shopping, Pharmaceutical industry, Warehouse, Longines, Q2, Operation

Net revenues for the first quarter of 2023 were RMB243.0 billion (US$135.4 billion), an increase of 1.4% from the first quarter of 2022.

Key Points: 
  • Net revenues for the first quarter of 2023 were RMB243.0 billion (US$135.4 billion), an increase of 1.4% from the first quarter of 2022.
  • Net service revenues for the first quarter of 2023 were RMB47.4 billion (US$6.9 billion), an increase of 34.5% from the first quarter of 2022.
  • Operating margin of JD Retail before unallocated items for the first quarter of 2023 was 4.6%, compared to 3.6% for the first quarter of 2022.
  • Non-GAAP diluted net income per ADS for the first quarter of 2023 was RMB4.76 (US$0.69), compared to RMB2.53 for the first quarter of 2022.

Dada Announces Unaudited First Quarter 2023 Financial Results

Retrieved on: 
Wednesday, May 10, 2023
Commerce Commission, Standardization Administration of China, Marketing, State Administration for Market Regulation, Research, State Administration of Foreign Exchange, PIN, Acquisition, Investment, JDDJ, ESG, City, Growth, Yangpu District, GMV, Commerce, Video game, Cryptocurrency, Bank, Internet service provider

Net revenues generated from JDDJ increased by 30.3% from RMB1,402.3 million in the first quarter of 2022 to RMB1,826.7 million in the first quarter of 2023, mainly due to the increase in GMV.

Key Points: 
  • Net revenues generated from JDDJ increased by 30.3% from RMB1,402.3 million in the first quarter of 2022 to RMB1,826.7 million in the first quarter of 2023, mainly due to the increase in GMV.
  • Selling and marketing expenses were RMB1,316.6 million, compared with RMB1,114.5 million in the same quarter of 2022.
  • Net loss attributable to ordinary shareholders of Dada was RMB350.4 million, compared with RMB604.2 million in the same quarter of 2022.
  • For the second quarter of 2023, Dada expects total revenue to be between RMB2,800 million and RMB3,000 million, representing year-over-year growth of 22.7% to 31.5%.

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

Retrieved on: 
Monday, March 27, 2023
JDDJ, Growth, City, White paper, RMB, Online shopping

In March, JD.com published the "JD.com Helps the High-Quality Development of the Home Appliance Industry White Paper".

Key Points: 
  • In March, JD.com published the "JD.com Helps the High-Quality Development of the Home Appliance Industry White Paper".
  • The white paper revealed that the home appliance industry is embracing the innovative on-demand retail, to achieve growth.
  • In 2022, sales in this category on JD Shop Now increased by more than 9 times year-over-year, making it of the most important channels for top home appliance brands.
  • More retailers are now starting to build their own O2O team and by leveraging JDDJ, they can expand their on-demand retail business rapidly.

Dada Announces Unaudited Fourth Quarter and Fiscal Year 2022 Financial Results

Retrieved on: 
Wednesday, March 8, 2023
Research, Acquisition, Mask, Share repurchase, BBB, Investment, Marketing, Growth, ESG, MSCI, Pharmacy, COVID-19, City, PIN, COVID, Philosophy, New Year, GMV, Advertising, Ecosystem, Government, Chinese New Year, BB, JDDJ, Ibuprofen, Environment, CSA, Cryptocurrency, Pharmaceutical industry, Bank, Mobile phone, Internet service provider

Net revenues generated from Dada Now increased by 11.9% from RMB2,820.7 million in 2021 to RMB3,157.6 million in 2022.

Key Points: 
  • Net revenues generated from Dada Now increased by 11.9% from RMB2,820.7 million in 2021 to RMB3,157.6 million in 2022.
  • Net loss attributable to ordinary shareholders of Dada was RMB2,008.0 million, compared with RMB2,471.1 million in 2021.
  • As of early February, a total of nearly RMB100 million of incentives and subsidies were distributed to Dada Now riders.
  • For the first quarter of 2023, Dada expects total revenue to be between RMB2,570 million and RMB2,770 million, representing year-over-year growth of 27% to 37%.

JD Intra-city Chinese New Year Promotion Kicks Off with Uninterrupted On-demand Service during Holiday

Retrieved on: 
Monday, January 9, 2023
Book, Egg, Chinese New Year, CNY, Vegetable, Spring Festival, City, Growth, Flower, JD, Disinfectant, Mask, The Spring Festival, JDDJ, Retail, Convenience food

SHANGHAI, Jan. 9, 2023 /PRNewswire/ -- JD.com's omnichannel retail services JDDJ and JD Shop Now kicked off the JD Intra-city Chinese New Year (CNY) Grand Promotion on December 26th, 2022.

Key Points: 
  • SHANGHAI, Jan. 9, 2023 /PRNewswire/ -- JD.com's omnichannel retail services JDDJ and JD Shop Now kicked off the JD Intra-city Chinese New Year (CNY) Grand Promotion on December 26th, 2022.
  • Simultaneously, more than 10,000 local all-category stores under the company's intra-city businesses, which include JD Shop Now, JD Lifestyle, JD Auto Service, JD Flower and JD Health, will join "Super Beijing," a marketing campaign promoting "one cent for your order" in the capital city.
  • These uninterrupted on-demand services are made possible by Dada Now's upgraded on-demand picking and delivery services network, which will also continue operations during the holiday.
  • JD Shop Now's data shows that the sales of dumplings and wontons increased by 89% compared with the sales before CNY.