UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO
RULE
13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For
the month of November 2024
Commission File Number 001-39305
Dada Nexus Limited
(Translation of registrant’s name into English)
22/F, Oriental Fisherman’s Wharf
No. 1088 Yangshupu Road
Yangpu District, Shanghai 200082
People’s Republic of China
(Address of principal executive office)
Indicate
by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F x
Form 40-F ¨
Exhibit Index
Exhibit 99.1—Press Release—Dada Announces Unaudited Third Quarter 2024 Financial Results
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| |
Dada Nexus Limited |
| |
|
| |
By: |
/s/ Henry Jun Mao |
| |
Name: |
Henry Jun Mao |
| |
Title: |
Chief Financial Officer |
| |
|
| Date: November 14, 2024 |
|
Exhibit 99.1
Dada Announces Unaudited Third Quarter 2024
Financial Results
SHANGHAI, China, November 13, 2024 (GLOBE
NEWSWIRE) -- Dada Nexus Limited (NASDAQ: DADA, “Dada”, the “Company”, or “we”), China’s leading
local on-demand retail and delivery platform, today announced its unaudited financial results for the third quarter ended September 30,
2024.
“Our customer-centric high-quality growth
strategy and effective execution delivered impressive results in the third quarter of 2024,” said Mr. Kevin Qing Guo, Chairman
of the Board of Dada. “Driven by our commitment to providing quality products and instant delivery, JD NOW1 continued
to build trust and mindshare among users. The year-on-year growth in both monthly transacting users2 and orders through the
JD App maintained strong momentum, increasing by over 100% in the third quarter of 2024. Optimization to customer experience also fueled
the growth in repeat purchase rate. For Dada NOW3, we continued to strengthen our partnerships with chain merchants and further
enhanced delivery service quality, contributing to a 46% year-over-year increase in revenue for the first nine months. Going forward,
we will continue to execute our quality-focused approach prioritizing customer experience and service excellence to create long-term value
for customers, business partners, delivery riders, and beyond.”
“We are pleased to have delivered solid
results this quarter with sequentially accelerated growth in order volume and continuing improvements in operating efficiency,”
said Mr. Henry Jun Mao, Chief Financial Officer of Dada. “We are confident that our focus on enriching supply, optimizing service,
and strengthening mindshare for our brand will lay a solid foundation for sustainable growth in the future. Meanwhile, Dada NOW continued
to experience meaningful year-over-year growth in revenue, primarily driven by the momentum in our chain merchant business. Additionally,
as a result of our high-quality development strategy and ongoing efficiency optimization, our GAAP and non-GAAP net loss margins4
narrowed by 4.1 and 3.7 percentage points quarter over quarter, respectively.”
Third Quarter 2024 Financial Results
Total
net revenues were RMB2,429.4 million in the third quarter of 2024, compared with RMB2,621.8 million in the same quarter of
2023.
Beginning with the second quarter of 2024, the
Company changed the presentation of disaggregated revenues to better reflect its lines of business. The table below sets forth the disaggregation
of revenues for the three months and nine months ended September 30, 2024, respectively, with prior period financial results retrospectively
recast to conform to current period presentation.
1
JD NOW was formerly known as JDDJ. JDDJ brands were upgraded to JD NOW in May 2024.
2
Monthly transacting user refers to an online user account that placed at least one order on our JD NOW platform in a given
month, regardless of whether the order was subsequently paid, cancelled, delivered, returned, or refunded.
3
Dada NOW was formerly known as Dada Now. Dada Now brands were upgraded to Dada NOW in August 2024.
4
Please refer to “Use of Non-GAAP Financial Measures” for the definition of non-GAAP net margin.
| |
|
For the three months ended |
|
|
For the nine months ended |
|
| |
|
September
30, 2023 |
|
|
June
30, 2024 |
|
|
September
30, 2024 |
|
|
YoY%
Change |
|
|
September
30, 2023 |
|
|
September
30, 2024 |
|
|
YoY%
Change |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
(RMB in thousands, except percentage data) |
|
| Net revenues |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| JD NOW |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Commission fee |
|
|
397,528 |
|
|
|
371,006 |
|
|
|
331,719 |
|
|
|
(16.6 |
)% |
|
|
1,242,572 |
|
|
|
1,126,471 |
|
|
|
(9.3 |
)% |
| Online advertising and marketing services |
|
|
480,344 |
|
|
|
128,805 |
|
|
|
66,392 |
|
|
|
(86.2 |
)% |
|
|
1,705,886 |
|
|
|
558,040 |
|
|
|
(67.3 |
)% |
| Fulfillment services and others |
|
|
662,408 |
|
|
|
412,637 |
|
|
|
532,100 |
|
|
|
(19.7 |
)% |
|
|
1,994,765 |
|
|
|
1,436,686 |
|
|
|
(28.0 |
)% |
| Subtotal |
|
|
1,540,280 |
|
|
|
912,448 |
|
|
|
930,211 |
|
|
|
(39.6 |
)% |
|
|
4,943,223 |
|
|
|
3,121,197 |
|
|
|
(36.9 |
)% |
| Dada NOW |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Intra-city delivery services |
|
|
978,045 |
|
|
|
1,236,598 |
|
|
|
1,321,809 |
|
|
|
35.1 |
% |
|
|
2,484,075 |
|
|
|
3,602,859 |
|
|
|
45.0 |
% |
| Last-mile delivery services |
|
|
63,851 |
|
|
|
153,265 |
|
|
|
129,222 |
|
|
|
102.4 |
% |
|
|
211,868 |
|
|
|
372,515 |
|
|
|
75.8 |
% |
| Others |
|
|
39,663 |
|
|
|
47,596 |
|
|
|
48,197 |
|
|
|
21.5 |
% |
|
|
114,895 |
|
|
|
134,530 |
|
|
|
17.1 |
% |
| Subtotal |
|
|
1,081,559 |
|
|
|
1,437,459 |
|
|
|
1,499,228 |
|
|
|
38.6 |
% |
|
|
2,810,838 |
|
|
|
4,109,904 |
|
|
|
46.2 |
% |
| Total |
|
|
2,621,839 |
|
|
|
2,349,907 |
|
|
|
2,429,439 |
|
|
|
(7.3 |
)% |
|
|
7,754,061 |
|
|
|
7,231,101 |
|
|
|
(6.7 |
)% |
| ● | Net revenues generated from JD NOW was RMB930.2 million in the third quarter of 2024, compared
with RMB1,540.3 million in the third quarter of 2023, mainly due to a decrease in online advertising and marketing services revenues and
a decrease in fulfillment services and other revenues as a result of the full rollout of delivery fee waiver program for orders exceeding
RMB29 since February 2024. |
| ● | Net revenues generated from Dada NOW increased by 38.6% from RMB1,081.6 million in the third quarter
of 2023 to RMB1,499.2 million in the third quarter of 2024, mainly driven by an increase in order volume of intra-city delivery services
provided to various chain merchants. |
Total
costs and expenses were RMB2,656.7 million in the third quarter of 2024, compared with RMB2,862.6 million in the same quarter
of 2023.
| ● | Operations and support costs were RMB1,731.7 million in the third quarter of 2024, compared with
RMB1,711.2 million in the same quarter of 2023. The increase was primarily due to an increase in rider cost as a result of the increasing
order volume of intra-city delivery services provided to various chain merchants, offset by a decrease in online advertising and marketing
services costs. |
| ● | Selling and marketing expenses were RMB717.4 million in the third quarter of 2024, compared with
RMB1,018.5 million in the same quarter of 2023. The decrease was primarily due to a decrease in promotional activities initiated by us
on the JD NOW platform. |
| ● | General and administrative expenses were RMB107.7 million in the third quarter of 2024, compared
with RMB29.1 million in the same quarter of 2023. The increase was primarily due to an increase in provision for credit loss and litigation
related expenses. |
| ● | Research and development expenses were RMB90.3 million in the third quarter of 2024, compared with
RMB94.1 million in the same quarter of 2023. |
Loss
from operations was RMB226.8 million in the third quarter of 2024, compared with RMB 210.5 million in the same quarter of 2023.
Non-GAAP
loss from operations5 was RMB86.7 million in the third quarter of 2024, compared with RMB52.4 million in the same
quarter of 2023.
Net
loss was RMB197.3 million in the third quarter of 2024, compared with RMB166.0 million in the same quarter of 2023.
Non-GAAP
net loss6 was RMB59.4 million in the third quarter of 2024, compared with RMB9.2 million in the same quarter of
2023.
5
Non-GAAP income/(loss) from operations represents income/(loss) from operations excluding the impact of share-based compensation
expenses and amortization of intangible assets resulting from acquisitions.
6
Non-GAAP net income/(loss) represents net income/(loss) excluding the impact of share-based compensation expenses, amortization
of intangible assets resulting from acquisitions, and income tax benefit from amortization of such intangible assets.
Basic
and diluted net loss per ordinary share was RMB0.19 in the third quarter of 2024, compared with RMB0.16 for the third quarter
of 2023.
Non-GAAP
basic and diluted net loss per ordinary share7 was RMB0.06 in the third quarter of 2024, compared with RMB0.01
for the third quarter of 2023.
Supplemental Information
| ● | The following table sets forth the order volume and corresponding gross billings of our on-demand delivery
services. |
| |
|
For the three months ended |
|
|
For the nine months ended |
|
| |
|
September
30, 2023 |
|
|
June
30, 2024 |
|
|
September
30, 2024 |
|
|
September
30, 2023 |
|
|
September
30, 2024 |
|
| Number of orders delivered8 (in millions) |
|
|
477.7 |
|
|
|
679.2 |
|
|
|
648.4 |
|
|
|
1,546.8 |
|
|
|
1,881.9 |
|
| Gross billings9 (RMB in millions) |
|
|
2,323.1 |
|
|
|
3,008.0 |
|
|
|
3,098.2 |
|
|
|
7,136.1 |
|
|
|
8,635.3 |
|
Environment, Social
Responsibility and Governance (ESG)
| ● | Dada further extended care to riders’ families. Following the launch of the “Riders’
Children Care Program” in the second quarter of 2023, Dada has been providing financial supports for the children of delivery riders’
who received offers from universities and colleges. In the third quarter of 2024, following the 2024 National College Entrance Examinations,
Dada has sponsored multiple college-enrolled children, awarding scholarships to support them in pursuit of their dreams. These efforts
aim to continually enhance the sense of belonging and well-being of the riders on our platform. |
| ● | Dada consistently cares for riders’ work and life through an enriched rider care system. In the
third quarter of 2024, Dada launched various rider care activities in nearly 70 cities nationwide. In addition to material distribution
primarily focused on summer-cooling supplies, Dada actively organized offline activities to enhance engagement with riders and other outdoor
workers. |
Conference Call
The Company will host a conference call to discuss
the earnings at 8:30 p.m. Eastern Time on Wednesday, November 13, 2024 (9:30 a.m. Beijing time on Thursday, November 14,
2024).
7
Non-GAAP net income/(loss) per ordinary share is non-GAAP net income/(loss) divided by weighted average number of shares
used in calculating non-GAAP net income/(loss) per ordinary share.
8
Number of orders delivered included orders directly placed through Dada NOW by merchants and individual senders, and orders
fulfilled by Dada NOW for merchants on JD NOW.
9
Refer to the gross amount of services charges for abovementioned orders of the on-demand delivery services, net of value-added
tax.
Please register in advance of the conference
using the link provided below and dial in 10 minutes prior to the call.
PRE-REGISTER LINK: https://s1.c-conf.com/diamondpass/10043239-5g83af.html
Upon registration, each participant will receive
details for the conference call, including dial-in numbers, conference call passcode and a unique access PIN. To join the conference,
please dial the number provided, enter the passcode followed by your PIN, and you will join the conference.
A
telephone replay of the call will be available after the conclusion of the conference call through November 21, 2024.
Dial-in numbers for the replay are as follows:
| U.S./Canada |
1-855-883-1031 |
| Mainland China |
400-1209-216 |
| Hong Kong |
800-930-639 |
| Replay PIN |
10043239 |
A
live and archived webcast of the conference call will be available on the Investor Relations section of Dada’s website at https://ir.imdada.cn/.
Use of Non-GAAP Financial Measures
The
Company also uses certain non-GAAP financial measures in evaluating its business. For example, the Company uses non-GAAP income/(loss)
from operations, non-GAAP net income/(loss), non-GAAP net margin, and non-GAAP net income/(loss) per ordinary share as supplemental measures
to review and assess its financial and operating performance. Non-GAAP income/(loss) from operations is income/(loss) from operations
excluding the impact of share-based compensation expenses and amortization of intangible assets resulting from acquisitions. Non-GAAP
net income/(loss) is net income/(loss) excluding the impact of share-based compensation expenses, amortization of intangible assets resulting
from acquisitions, and income tax benefit from amortization of such intangible assets. Non-GAAP net margin is non-GAAP net income/(loss)
as a percentage of total net revenues. Non-GAAP net income/(loss) per ordinary share is non-GAAP net income/(loss) divided by weighted
average number of shares used in calculating non-GAAP net income/(loss) per ordinary share.
The
Company presents the non-GAAP financial measures because they are used by the Company’s management to evaluate the Company’s
financial and operating performance and formulate business plans. Non-GAAP income/(loss) from operations and non-GAAP net income/(loss)
enable the Company’s management to assess the Company’s financial and operating results without considering the impact of
share-based compensation expenses, amortization of intangible assets resulting from acquisitions, and income tax benefit from amortization
of such intangible assets. The Company also believes that the use of the non-GAAP financial measures facilitates investors’ assessment
of the Company’s financial and operating performance.
The
non-GAAP financial measures are not defined under accounting principles generally accepted in the United States of America (“U.S.
GAAP”) and are not presented in accordance with U.S. GAAP. The non-GAAP financial measures have limitations as analytical tools.
One of the key limitations of using non-GAAP financial measures is that they do not reflect all items of income and expense that affect
the Company’s operations. Share-based compensation expenses, amortization of intangible assets resulting from acquisitions, and
income tax benefit from amortization of such intangible assets have been and may continue to be incurred in the Company’s
business and are not reflected in the presentation of non-GAAP financial measures. Further, the non-GAAP financial measures may differ
from the non-GAAP financial measures used by other companies, including peer companies, potentially limiting the comparability of their
financial results to the Company’s. In light of the foregoing limitations, non-GAAP financial measures should not be considered
in isolation from or as an alternative to financial measures prepared in accordance with U.S. GAAP.
The Company compensates for these limitations
by reconciling the non-GAAP financial measures to the nearest U.S. GAAP performance measures, which should be considered when evaluating
the Company’s performance. For reconciliations of these non-GAAP financial measures to the most directly comparable GAAP financial
measures, please see the section of the accompanying tables titled, “Reconciliations of GAAP and Non-GAAP Results.”
Forward-Looking Statements
This press release contains statements that may
constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities
Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,”
“anticipates,” “aims,” “future,” “intends,” “plans,” “believes,”
“estimates,” “likely to” and similar statements. Among other things, quotations in this announcement, contain
forward-looking statements. Dada may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities
and Exchange Commission (the “SEC”), in its annual report to shareholders, in press releases and other written materials and
in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including
statements about Dada’s beliefs, plans and expectations, are forward-looking statements. Forward-looking statements involve inherent
risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking
statement, including but not limited to the following: Dada’s strategies; Dada’s future business development, financial condition
and results of operations; Dada’s ability to maintain its relationship with major strategic investors; its ability to offer quality
on-demand retail experience and provide efficient on-demand delivery services; its ability to maintain and enhance the recognition and
reputation of its brands; general economic and business conditions globally and in China and assumptions underlying or related to any
of the foregoing. Further information regarding these and other risks is included in Dada’s filings with the SEC. All information
provided in this press release is as of the date of this press release, and Dada does not undertake any obligation to update any forward-looking
statement, except as required under applicable law.
About Dada Nexus Limited
Dada Nexus Limited is China’s leading local
on-demand retail and delivery platform. It operates JD NOW, formerly known as JDDJ, one of China’s largest local on-demand retail
platforms for retailers and brand owners, and Dada NOW, a leading local on-demand delivery platform open to merchants and individual senders
across various industries and product categories. The Company’s two platforms are inter-connected and mutually beneficial. The vast
volume of on-demand delivery orders from the JD NOW platform increases order volume and density for the Dada NOW platform. Meanwhile,
the Dada NOW platform enables improved delivery experience for participants on the JD NOW platform through its readily accessible fulfillment
solutions and strong on-demand delivery infrastructure.
For
more information, please visit https://ir.imdada.cn/.
For investor inquiries, please contact:
Dada Nexus Limited
E-mail: ir@imdada.cn
Christensen
In China
Mr. Rene Vanguestaine
Phone: +86-178-1749-0483
E-mail: rene.vanguestaine@christensencomms.com
In US
Ms. Linda Bergkamp
Phone: +1-480-614-3004
E-mail: linda.bergkamp@christensencomms.com
For media inquiries, please contact:
Dada Nexus Limited
E-mail: PR@imdada.cn
Appendix I
DADA NEXUS LIMITED
UNAUDITED INTERIM CONDENSED CONSOLIDATED BALANCE SHEETS
(RMB in thousands)
| | |
As of | |
| | |
December 31, 2023 | | |
September 30, 2024 | |
| ASSETS | |
| | |
| |
| Current assets | |
| | | |
| | |
| Cash and cash equivalents | |
| 1,893,032 | | |
| 2,776,695 | |
| Restricted cash | |
| 519,207 | | |
| 67,394 | |
| Short-term investments | |
| 1,558,315 | | |
| — | |
| Accounts receivable, net | |
| 386,768 | | |
| 1,159,595 | |
| Inventories | |
| 9,270 | | |
| 11,815 | |
| Amount due from related parties | |
| 1,287,080 | | |
| 667,018 | |
| Prepayments and other current assets | |
| 415,326 | | |
| 307,428 | |
| Total current assets | |
| 6,068,998 | | |
| 4,989,945 | |
| Non-current assets | |
| | | |
| | |
| Property and equipment, net | |
| 8,392 | | |
| 8,022 | |
| Intangible assets, net | |
| 1,479,644 | | |
| 1,134,737 | |
| Operating lease right-of-use assets | |
| 16,335 | | |
| 3,148 | |
| Other non-current assets | |
| 512 | | |
| 146 | |
| Total non-current assets | |
| 1,504,883 | | |
| 1,146,053 | |
| TOTAL ASSETS | |
| 7,573,881 | | |
| 6,135,998 | |
| | |
| | | |
| | |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | |
| | | |
| | |
| Current liabilities | |
| | | |
| | |
| Accounts payable | |
| 5,008 | | |
| 9,607 | |
| Payable to riders and drivers | |
| 867,323 | | |
| 839,441 | |
| Amount due to related parties | |
| 190,039 | | |
| — | |
| Accrued expenses and other current liabilities | |
| 922,483 | | |
| 540,529 | |
| Operating lease liabilities | |
| 14,719 | | |
| 897 | |
| Total current liabilities | |
| 1,999,572 | | |
| 1,390,474 | |
| Non-current liabilities | |
| | | |
| | |
| Deferred tax liabilities | |
| 16,979 | | |
| 10,716 | |
| Non-current operating lease liabilities | |
| 414 | | |
| 488 | |
| Total non-current liabilities | |
| 17,393 | | |
| 11,204 | |
| TOTAL LIABILITIES | |
| 2,016,965 | | |
| 1,401,678 | |
| | |
| | | |
| | |
| TOTAL SHAREHOLDERS’ EQUITY | |
| 5,556,916 | | |
| 4,734,320 | |
| | |
| | | |
| | |
| TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY | |
| 7,573,881 | | |
| 6,135,998 | |
DADA NEXUS LIMITED
UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS
OF OPERATIONS AND COMPREHENSIVE INCOME/(LOSS)
(RMB
in thousands, except shares and per share data)
| |
|
For the three months ended |
|
|
For the nine months ended |
|
| |
|
September 30,
2023 |
|
|
June 30,
2024 |
|
|
September 30,
2024 |
|
|
September 30,
2023 |
|
|
September 30,
2024 |
|
| Net revenues |
|
|
2,621,839 |
|
|
|
2,349,907 |
|
|
|
2,429,439 |
|
|
|
7,754,061 |
|
|
|
7,231,101 |
|
| Costs and expenses |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Operations and support |
|
|
(1,711,235 |
) |
|
|
(1,735,748 |
) |
|
|
(1,731,655 |
) |
|
|
(4,611,401 |
) |
|
|
(5,307,430 |
) |
| Selling and marketing |
|
|
(1,018,496 |
) |
|
|
(781,910 |
) |
|
|
(717,428 |
) |
|
|
(3,471,794 |
) |
|
|
(2,317,636 |
) |
| General and administrative |
|
|
(29,050 |
) |
|
|
(48,123 |
) |
|
|
(107,723 |
) |
|
|
(164,048 |
) |
|
|
(206,409 |
) |
| Research and development |
|
|
(94,097 |
) |
|
|
(85,364 |
) |
|
|
(90,314 |
) |
|
|
(324,856 |
) |
|
|
(269,737 |
) |
| Other operating expenses |
|
|
(9,760 |
) |
|
|
(15,878 |
) |
|
|
(9,546 |
) |
|
|
(28,686 |
) |
|
|
(39,951 |
) |
| Total costs and expenses |
|
|
(2,862,638 |
) |
|
|
(2,667,023 |
) |
|
|
(2,656,666 |
) |
|
|
(8,600,785 |
) |
|
|
(8,141,163 |
) |
| Other operating income |
|
|
30,320 |
|
|
|
6,625 |
|
|
|
442 |
|
|
|
52,927 |
|
|
|
7,938 |
|
| Loss from operations |
|
|
(210,479 |
) |
|
|
(310,491 |
) |
|
|
(226,785 |
) |
|
|
(793,797 |
) |
|
|
(902,124 |
) |
| Other income/(expenses) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Interest expenses |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(807 |
) |
|
|
— |
|
| Others, net |
|
|
43,247 |
|
|
|
22,186 |
|
|
|
27,370 |
|
|
|
115,691 |
|
|
|
84,378 |
|
| Total other income, net |
|
|
43,247 |
|
|
|
22,186 |
|
|
|
27,370 |
|
|
|
114,884 |
|
|
|
84,378 |
|
| Loss before income tax benefit |
|
|
(167,232 |
) |
|
|
(288,305 |
) |
|
|
(199,415 |
) |
|
|
(678,913 |
) |
|
|
(817,746 |
) |
| Income tax benefit |
|
|
1,253 |
|
|
|
2,074 |
|
|
|
2,088 |
|
|
|
3,759 |
|
|
|
6,217 |
|
| Net loss |
|
|
(165,979 |
) |
|
|
(286,231 |
) |
|
|
(197,327 |
) |
|
|
(675,154 |
) |
|
|
(811,529 |
) |
| Net loss per ordinary share |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Basic |
|
|
(0.16 |
) |
|
|
(0.27 |
) |
|
|
(0.19 |
) |
|
|
(0.65 |
) |
|
|
(0.78 |
) |
| Diluted |
|
|
(0.16 |
) |
|
|
(0.27 |
) |
|
|
(0.19 |
) |
|
|
(0.65 |
) |
|
|
(0.78 |
) |
| Weighted average number of shares used in calculating net loss per ordinary share |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Basic |
|
|
1,042,045,692 |
|
|
|
1,043,972,124 |
|
|
|
1,039,661,914 |
|
|
|
1,037,646,433 |
|
|
|
1,046,833,812 |
|
| Diluted |
|
|
1,042,045,692 |
|
|
|
1,043,972,124 |
|
|
|
1,039,661,914 |
|
|
|
1,037,646,433 |
|
|
|
1,046,833,812 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net loss |
|
|
(165,979 |
) |
|
|
(286,231 |
) |
|
|
(197,327 |
) |
|
|
(675,154 |
) |
|
|
(811,529 |
) |
| Other comprehensive income/(loss) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Foreign currency translation adjustments, net of tax of nil |
|
|
(8,192 |
) |
|
|
22,834 |
|
|
|
(37,432 |
) |
|
|
122,892 |
|
|
|
(1,448 |
) |
| Total comprehensive loss |
|
|
(174,171 |
) |
|
|
(263,397 |
) |
|
|
(234,759 |
) |
|
|
(552,262 |
) |
|
|
(812,977 |
) |
DADA NEXUS LIMITED
Reconciliations of GAAP and Non-GAAP Results
(RMB in thousands, except shares, per share
and percentage data)
| | |
For the three months ended | | |
For the nine months ended | |
| | |
September 30,
2023 | | |
June 30, 2024 | | |
September 30,
2024 | | |
September 30,
2023 | | |
September 30,
2024 | |
| Loss from operations | |
| (210,479 | ) | |
| (310,491 | ) | |
| (226,785 | ) | |
| (793,797 | ) | |
| (902,124 | ) |
| Add: | |
| | | |
| | | |
| | | |
| | | |
| | |
| Share-based compensation expenses | |
| 36,868 | | |
| 25,545 | | |
| 21,465 | | |
| 116,569 | | |
| 62,131 | |
| Amortization of intangible assets resulting from acquisitions | |
| 121,207 | | |
| 120,474 | | |
| 118,598 | | |
| 379,635 | | |
| 359,138 | |
| Non-GAAP loss from operations | |
| (52,404 | ) | |
| (164,472 | ) | |
| (86,722 | ) | |
| (297,593 | ) | |
| (480,855 | ) |
| | |
| | | |
| | | |
| | | |
| | | |
| | |
| Net loss | |
| (165,979 | ) | |
| (286,231 | ) | |
| (197,327 | ) | |
| (675,154 | ) | |
| (811,529 | ) |
| Add: | |
| | | |
| | | |
| | | |
| | | |
| | |
| Share-based compensation expenses | |
| 36,868 | | |
| 25,545 | | |
| 21,465 | | |
| 116,569 | | |
| 62,131 | |
| Amortization of intangible assets resulting from acquisitions | |
| 121,207 | | |
| 120,474 | | |
| 118,598 | | |
| 379,635 | | |
| 359,138 | |
| Income tax benefit | |
| (1,253 | ) | |
| (2,074 | ) | |
| (2,088 | ) | |
| (3,759 | ) | |
| (6,217 | ) |
| Non-GAAP net loss | |
| (9,157 | ) | |
| (142,286 | ) | |
| (59,352 | ) | |
| (182,709 | ) | |
| (396,477 | ) |
| | |
| | | |
| | | |
| | | |
| | | |
| | |
| Net revenues | |
| 2,621,839 | | |
| 2,349,907 | | |
| 2,429,439 | | |
| 7,754,061 | | |
| 7,231,101 | |
| | |
| | | |
| | | |
| | | |
| | | |
| | |
| Net margin | |
| (6.3 | )% | |
| (12.2 | )% | |
| (8.1 | )% | |
| (8.7 | )% | |
| (11.2 | )% |
| Non-GAAP net margin | |
| (0.3 | )% | |
| (6.1 | )% | |
| (2.4 | )% | |
| (2.4 | )% | |
| (5.5 | )% |
| | |
| | | |
| | | |
| | | |
| | | |
| | |
| Non-GAAP net loss per ordinary share | |
| | | |
| | | |
| | | |
| | | |
| | |
| Basic | |
| (0.01 | ) | |
| (0.14 | ) | |
| (0.06 | ) | |
| (0.18 | ) | |
| (0.38 | ) |
| Diluted | |
| (0.01 | ) | |
| (0.14 | ) | |
| (0.06 | ) | |
| (0.18 | ) | |
| (0.38 | ) |
| | |
| | | |
| | | |
| | | |
| | | |
| | |
| Weighted average number of shares used in calculating non-GAAP net loss per ordinary share | |
| | | |
| | | |
| | | |
| | | |
| | |
| Basic | |
| 1,042,045,692 | | |
| 1,043,972,124 | | |
| 1,039,661,914 | | |
| 1,037,646,433 | | |
| 1,046,833,812 | |
| Diluted | |
| 1,042,045,692 | | |
| 1,043,972,124 | | |
| 1,039,661,914 | | |
| 1,037,646,433 | | |
| 1,046,833,812 | |
Dada Nexus (NASDAQ:DADA)
Graphique Historique de l'Action
De Nov 2024 à Déc 2024
Dada Nexus (NASDAQ:DADA)
Graphique Historique de l'Action
De Déc 2023 à Déc 2024
