Dada Nexus Ltd
NASDAQ:DADA

  • LAST PRICE
    1.8200
  • TODAY'S CHANGE (%)
    0.0000 (0.0000%)
  • Bid / Lots
    1.8300/ 37
  • Ask / Lots
    1.8400/ 1
  • Open / Previous Close
    1.8750 / 1.8200
  • Day Range
    1.8000
    1.9400
  • 52 Week Range
    1.3550
    6.9400
  • Volume
    5,868,666

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  • May 15, 2024

      Show headlines and story abstract

    • 6:00PM ET on Wednesday May 15, 2024 by GlobeNewswire
      Companies Mentioned: DADA

    • 6:00PM ET on Wednesday May 15, 2024 by Dow Jones
      Companies Mentioned: DADA
      UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Amounts in thousands, except share and per share data) For the three months ended March 31, ------------------------------------------ 2023 2024 --------------------- ------------------- RMB RMB Net revenues 2,535,409 2,451,755 Costs and expenses Operations and support (1,397,144) (1,840,027) Selling and marketing (1,316,643) (818,298) General and administrative (78,567) (50,563) Research and development (128,795) (94,059) Other operating expenses (12,948) (14,527) ----------------- ---------------- Total costs and expenses (2,934,097) (2,817,474) Other operating income 12,321 871 ----------------- ---------------- Loss from operations (386,367) (364,848) ----------------- ---------------- Other income/(expenses) Interest expenses (451) -- Others, net 35,117 34,822 ----------------- ---------------- Total other income, net 34,666 34,822 ----------------- ---------------- Loss before income tax benefits (351,701) (330,026) Income tax benefits 1,253 2,055 Net loss (350,448) (327,971) Net loss per ordinary share: Basic (0.34) (0.31) Diluted (0.34) (0.31) Weighted average number of shares used in calculating net loss per ordinary share Basic 1,023,413,776 1,057,139,291 Diluted 1,023,413,776 1,057,139,291 Net loss (350,448) (327,971) Other comprehensive (loss)/income Foreign currency translation adjustments, net of tax of nil (29,902) 13,150 ----------------- ---------------- Total comprehensive loss (380,350) (314,821) ================= ================ DADA NEXUS LIMITED Reconciliations of GAAP and Non-GAAP Results (Amounts in thousands, except share, per share and percentage data) For the three months ended March 31, ------------------------------------------ 2023 2024 --------------------- ------------------- RMB RMB Loss from operations (386,367) (364,848) Add: Share-based compensation expenses 37,481 15,121 Amortization of intangible assets resulting from acquisitions 132,256 120,066 Non-GAAP loss from operations (216,630) (229,661) ---------------- --------------- Net loss (350,448) (327,971) Add: Share-based compensation expenses 37,481 15,121 Amortization of intangible assets resulting from acquisitions 132,256 120,066 Income tax benefit (1,253) (2,055) ---------------- --------------- Non-GAAP net loss (181,964) (194,839) ================ =============== Net revenues 2,535,409 2,451,755 Non-GAAP net margin -7.2% -7.9% ================ =============== Non-GAAP net loss per ordinary share Basic (0.18) (0.18) Diluted (0.18) (0.18) Weighted average number of shares used in calculating net loss per ordinary share Basic 1,023,413,776 1,057,139,291 Diluted 1,023,413,776 1,057,139,291

    • 6:00PM ET on Wednesday May 15, 2024 by Dow Jones
      Companies Mentioned: DADA

  • May 10, 2024

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