Apr 14, 2025, 10:47 AM
Apr 14, 2025, 10:47 AM

Dada Nexus Limited submits annual report for fiscal year 2024

Highlights
  • Dada Nexus Limited filed its annual report for the fiscal year ending December 31, 2024.
  • The report was submitted to the U.S. Securities and Exchange Commission on April 14, 2025.
  • This filing signifies the company's commitment to transparency and adherence to regulatory standards.
Story

On April 14, 2025, in Shanghai, China, Dada Nexus Limited, a leading local on-demand retail and delivery platform, announced the filing of its annual report on Form 20-F for the fiscal year that concluded on December 31, 2024, with the U.S. Securities and Exchange Commission (SEC). This report outlines the company's financial performance and operations during that fiscal year. Shareholders can access the full report through the company’s investor relations website and the SEC’s official site. Additionally, Dada Nexus Limited offers to provide a hard copy of the report, including the audited consolidated financial statements, at no cost to its shareholders upon request to their Investor Relations Department. This move is part of the company’s effort to maintain transparency and comply with regulatory requirements while keeping its investors informed of its business health. Dada Nexus operates two platforms: JD NOW, formerly JDDJ, for local on-demand retail, and Dada NOW, a delivery service catering to various merchants and individual senders. The interconnection between these platforms enhances the overall efficiency of their operations, driving an increase in delivery orders. By promoting the successful collaboration between these services, Dada Nexus limits competition from other local delivery services and strengthens its market position.

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