Dada Announces Unaudited Second Quarter 2020 Financial Results
Dada Nexus Limited - American Depositary Shares (DADA)
Company Research
Source: GlobeNewswire
SHANGHAI, China, Aug. 24, 2020 (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 second quarter ended June 30, 2020. Second Quarter 2020 Highlights Total net revenues were RMB1,323.0 million (US$187.3 million), an increase of 93.1% year over year.Number of orders delivered through Dada Now for the twelve months ended June 30, 2020 was 925.6 million, as compared with 561.6 million in the same period ended June 30, 2019.Total Gross Merchandise Volume (“GMV”) of JDDJ for the twelve months ended June 30, 2020 was RMB18.3 billion (US$2.6 billion), an increase of 98.1% year over year from RMB9.2 billion in the same period ended June 30, 2019.Number of active consumers on JDDJ for the twelve months ended June 30, 2020 was 32.3 million, as compared with 18.8 million in the same period ended June 30, 2019. “We are very proud to report robust financial
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- 4/22/24 - Form 20-F
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