Dada Nexus Limited Files Annual Report for Fiscal Year 2024
Dada Nexus Limited, recognized as China’s leading local on-demand retail and delivery platform, has officially filed its annual report on Form 20-F for the fiscal year that ended December 31, 2024. This filing was submitted to the U.S. Securities and Exchange Commission and marks an important milestone in the Company’s ongoing commitment to transparency and accountability.
Highlights from the Annual Report
The annual report includes detailed financial statements and insights into the Company’s performance over the past fiscal year. For those interested, Dada Nexus offers a hard copy of the report containing these audited consolidated financial statements at no cost to shareholders. Requests for copies of the report should be directed to the Company’s Investor Relations Department.
The Role of JD NOW and Dada NOW
Central to Dada Nexus's operations are its two interconnected platforms: JD NOW and Dada NOW. JD NOW is one of the largest local on-demand retail platforms in China, catering to retailers and brand owners. Conversely, Dada NOW serves as a robust delivery platform open to various merchants, allowing for seamless transactions across numerous industries.
How These Platforms Work Together
The synergy between JD NOW and Dada NOW is crucial. The significant volume of delivery orders generated through JD NOW positively impacts the Dada NOW platform by enhancing order volume and density. This powerful relationship not only boosts the efficiency of their operations but also enriches the delivery experience for the participants on the JD NOW platform.
Contacting Dada Nexus for Inquiries
For any investor inquiries, stakeholders are encouraged to reach out to Dada Nexus Limited directly. Their Investor Relations email is accessible for communications. This reflects their dedication to engaging with shareholders and addressing their concerns effectively.
Key Contacts
In China, Mr. Rene Vanguestaine is the primary contact for investor inquiries. Interested parties can contact him via phone or through email. In the U.S., Ms. Linda Bergkamp holds a similar position and can provide assistance to investors across the states.
Media Inquiries
Dada Nexus also welcomes any media inquiries. Journalists or interested parties looking to engage with the Company for news coverage can do so via their dedicated email contact.
Frequently Asked Questions
What is the significance of the annual report filed by Dada Nexus?
The annual report provides a comprehensive overview of Dada Nexus's financial performance and strategic direction for investors and stakeholders.
How can shareholders obtain a copy of the annual report?
Shareholders can request a hard copy of the report free of charge from the Company’s Investor Relations Department.
What platforms does Dada Nexus operate?
Dada Nexus operates JD NOW and Dada NOW, which facilitate local on-demand retail and delivery services in China.
Who can I contact for investor inquiries?
For investor inquiries, you can reach out to Dada Nexus’s IR Department at their email address, ir@imdada.cn.
How does Dada NOW support JD NOW?
Dada NOW enhances the delivery experience for JD NOW users by providing efficient fulfillment solutions and a robust infrastructure for on-demand deliveries.
