Dada Nexus Ltd. (DADA) has released an update.
Dada Nexus Ltd., a leading Chinese on-demand retail and delivery platform, reports a significant increase in monthly users and orders, with a notable revenue surge in its Dada Now segment. Despite pressures from investments in user experience, the company sees a stable non-GAAP net loss margin and is optimistic about long-term growth with its recent rebranding to JD NOW and a focus on customer-centric strategies.
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