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Dada Files Annual Report on Form 20-F for Fiscal Year 2024

1. Dada filed its annual report for 2024 with the SEC. 2. The report provides audited financial statements to shareholders. 3. Dada operates JD NOW and Dada NOW, enhancing on-demand retail and delivery. 4. Interconnected platforms boost order volume and delivery experience for users.

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Why Bullish?

The filing of the annual report indicates transparency, which generally reassures investors, potentially boosting the stock price. Historical analysis shows that companies demonstrating regulatory compliance often see positive market reactions, enhancing shareholder trust.

How important is it?

This article demonstrates major corporate activity—namely the filing of the 20-F report—which can significantly influence investor sentiment.

Why Short Term?

The impact of the annual report filing is likely to influence stock price in the immediate aftermath of its release, as investors react to newly disclosed financial information.

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April 14, 2025 06:42 ET  | Source: Dada Nexus Limited SHANGHAI, China, April 14, 2025 (GLOBE NEWSWIRE) -- Dada Nexus Limited (“Dada” or the “Company”) (NASDAQ: DADA), China’s leading local on-demand retail and delivery platform, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the U.S. Securities and Exchange Commission (“SEC”) on April 14, 2025. The annual report can be accessed on the Company’s investor relations website at https://ir.imdada.cn/ as well as the SEC’s website at http://www.sec.gov. The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders upon request. Requests should be directed to the Company’s IR Department at ir@imdada.cn.  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 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: rvanguestaine@christensenir.com In US Ms. Linda Bergkamp Phone: +1-480-614-3004 E-mail: lbergkamp@christensenir.com For media inquiries, please contact: Dada Nexus Limited E-mail: PR@imdada.cn

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