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0.00548446069469824 0.00548446069469824 0.00548446069469824 0.00548446069469824 0.00548446069469824 0 0 -0.0105118829981719
Stock impact report

Dada's 3Q 2021 updates: Q3 Total Revenue Growth Further Accelerated to 86% YOY

Dada Nexus Limited - American Depositary Shares (DADA) 
Company Research Source: PR Newswire
SHANGHAI, Nov. 23, 2021  /PRNewswire/ Dada Nexus Limited (Dada Group, NASDAQ: DADA), China's leading local on-demand delivery and retail platform, today announced its unaudited financial results for the third quarter ended September 30, 2021.Financial highlights:Total net revenues were RMB1,686.8 million. Aligning the revenue of Dada Now last-mile delivery services to a comparable basis, revenue growth would have been 86.4% year over year, an acceleration compared with 81% revenue growth in the second quarter. Significant improvement in operating efficiency: Aligning the revenue of Dada Now last-mile delivery services to a comparable basis, operating profit margin substantially improved by over 16 percentage points. For the fourth quarter of 2021, Dada expects total revenue to be between RMB2.0 billion and RMB2.1 billion. Aligning the revenue of Dada Now last-mile delivery services to a comparable basis in the fourth quarters of 2020 and 2021, total revenue of the fourth quarter of 20 Show less Read more
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