Dada Nexus
Logotype for Dada Nexus Limited

Dada Nexus (DADA) investor relations material

Dada Nexus has been acquired by JD.com Inc

Dada Nexus Q4 2024 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Dada Nexus Limited
Q4 2024 earnings summary4 Mar, 2025

Executive summary

  • Q4 2024 net revenues declined 11.6% year-over-year to RMB2,432.7 million, with full-year 2024 revenues down 8.0% to RMB9,663.8 million.

  • Dada NOW segment saw strong growth, offsetting declines in JD NOW, which faced lower advertising and fulfillment revenues.

  • Significant impairment loss of intangible assets (RMB1,058.7 million) recorded in Q4 2024, impacting annual results.

  • Non-GAAP net loss narrowed both in Q4 and for the full year, reflecting improved cost control.

Financial highlights

  • Q4 2024 net loss was RMB1,227.0 million, compared to RMB1,282.4 million in Q4 2023; non-GAAP net loss was RMB29.0 million, down from RMB159.1 million.

  • FY 2024 net loss was RMB2,038.5 million, up from RMB1,957.5 million in 2023; non-GAAP net loss was RMB425.5 million, up from RMB341.8 million.

  • Q4 2024 basic and diluted net loss per share was RMB1.18; non-GAAP per share loss was RMB0.03.

  • FY 2024 basic and diluted net loss per share was RMB1.95; non-GAAP per share loss was RMB0.41.

  • Gross billings for on-demand delivery services rose to RMB12,142.1 million in 2024 from RMB9,883.2 million in 2023.

Segment performance

  • JD NOW revenues fell 52.4% year-over-year in Q4 2024 and 40.6% for the full year, mainly due to declines in advertising and fulfillment.

  • Dada NOW revenues grew 40.8% in Q4 2024 and 44.6% for the year, driven by higher intra-city delivery order volumes.

Explain the strategic shift away from JD NOW growth
What drove the 2024 intangible asset impairment?
How will Dada NOW's growth improve overall margins?
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.
Research faster. Power your platform.
Dada Nexus
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

The essential earnings season companion

The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Explore our global coverage