[Form 6-K: Supplemental Submission Regarding HFCAA](index=1&type=section&id=Form%206-K%3A%20Supplemental%20Submission%20Pursuant%20to%20Item%2016I%28a%29%20of%20Form%2020-F) This submission addresses the company's identification as a Commission-Identified Issuer under HFCAA and details its ownership structure [Identification as a Commission-Identified Issuer](index=2&type=section&id=Identification%20as%20a%20Commission-Identified%20Issuer) The company was identified as a Commission-Identified Issuer under HFCAA due to its auditor, a determination later vacated by the PCAOB - The company was conclusively identified by the SEC as a Commission-Identified Issuer on **May 26, 2022**, pursuant to the HFCAA[3](index=3&type=chunk) - The identification was triggered by the use of an auditor, **Deloitte Touche Tohmatsu Certified Public Accountants LLP**, in a jurisdiction where the PCAOB could not conduct complete inspections until it vacated its determination in **December 2022**[3](index=3&type=chunk) [Ownership Structure and Control Analysis](index=2&type=section&id=Ownership%20Structure%20and%20Control%20Analysis) The company asserts it is not government-controlled, citing its ownership structure primarily by JD Group and Walmart Entities - The company is controlled by JD Group, which beneficially owned **53.0%** of its outstanding ordinary shares as of **March 31, 2023**[4](index=4&type=chunk) - To the company's knowledge, no shareholder other than JD Group Entities and Walmart Entities beneficially owned **5%** or more of its shares as of **March 31, 2023**[4](index=4&type=chunk) - The company is not aware of any Chinese governmental entity having the power to direct its management and policies[7](index=7&type=chunk) [JD Group Entities Ownership](index=3&type=section&id=JD%20Group%20Entities%20Ownership) JD Group, a Nasdaq and HKEX-listed entity, is Dada's controlling shareholder, with its stake expected to increase to approximately 53.9% JD Group Ownership Stake | Metric | Value | As of Date / Timeframe | | :--- | :--- | :--- | | Ownership Percentage | 53.0% | March 31, 2023 | | Ordinary Shares Owned | 543,315,362 | February 22, 2022 | | Expected Ownership % | ~53.9% | Post-transaction (Apr/May 2023) | - In April 2023, the company agreed to issue **18,927,876** new ordinary shares to JD Group in exchange for traffic support, which will increase JD Group's stake[5](index=5&type=chunk) - JD Group Entities are not believed to be owned or controlled by a governmental entity of China[6](index=6&type=chunk) [Walmart Entities Ownership](index=3&type=section&id=Walmart%20Entities%20Ownership) Walmart Entities, wholly owned by US-based Walmart Inc., held a 9.3% stake and are not government-controlled Walmart Entities Ownership Stake | Metric | Value | As of Date | | :--- | :--- | :--- | | Ownership Percentage | 9.3% | March 31, 2023 | | Ordinary Shares Owned | 94,981,280 | June 9, 2020 | - Walmart Entities are not owned or controlled by a governmental entity of China. Walmart Inc. is a Delaware company listed on the NYSE[6](index=6&type=chunk)

Dada Nexus Ltd (NASDAQ:DADA) Q4 2022 Earnings Conference Call March 8, 2023 8:30 PM ET Company Participants Caroline Dong - Head, IR Jeff Huijian He - President & Director Beck Chen - CFO Conference Call Participants Ronald Keung - Goldman Sachs Group Thomas Chong - Jefferies Alicia Yap - Citigroup Andre Chang - JPMorgan Chase & Co. Operator Good morning, ladies and gentlemen, and thank you for standing by for Dada's Fourth Quarter 2022 Earnings Conference Call. [Operator Instructions]. I will now turn the ...

Dada Nexus, Inc. (NASDAQ:DADA) Q3 2022 Earnings Conference Call November 17, 2022 8:30 PM ET Company Participants Caroline Dong - Head, IR Jeff Huijian - President & Director Beck Chen - CFO Conference Call Participants Ronald Keung - Goldman Sachs Thomas Chong - Jefferies Alicia Yap - Citi Ashley Xu - Crédit Suisse Andre Chang - JPMorgan Chase & Co. Operator Good morning, ladies and gentlemen, and thank you for standing by for Dada's Third Quarter 2022 Earnings Conference Call. [Operator Instructions]. I w ...

Dada Nexus Limited (NASDAQ:DADA) Q2 2022 Earnings Conference Call August 22, 2022 9:30 PM ET Company Participants Caroline Dong - Head of Investor Relations Philip Kuai - Chairman & Chief Executive Officer Beck Chen - Chief Financial Officer Jeff Huijian - President Conference Call Participants Ronald Keung - Goldman Sachs Thomas Chong - Jefferies Eddie Leung - Bank of America Merrill Lynch Alicia Yap - Citigroup Andre Chang - JPMorgan Wei Xiong - UBS Operator Good morning, ladies and gentlemen and thank yo ...

Financial Data and Key Metrics Changes - Dada Group reported a total net revenue of RMB 2 billion for Q1 2022, reflecting a pro forma revenue growth of 74% year-over-year [22] - Non-GAAP net loss attributable to ordinary shareholders was RMB 481 million, with a non-GAAP net loss margin of 24%, showing an improvement of about 30 percentage points year-over-year [25] - Cash, cash equivalents, restricted cash, and short-term investments totaled RMB 4.6 billion as of March 31, 2022 [25] Business Line Data and Key Metrics Changes - Net revenue from Dada Now was RMB 623 million, driven by increased order volume for intercity delivery services [22] - JDDJ's net revenues increased by 80% to RMB 1.4 billion, attributed to a rise in GMV, active consumers, and average order size [23] - The GMV of JDDJ's supermarket category accelerated year-over-year, with partnerships established with 86 out of the top 100 supermarket chains in China [11] Market Data and Key Metrics Changes - The number of annual active users on JDDJ increased by 47% year-over-year to 67.9 million [10] - The average daily GMV during the April 15th Intra-City Shopping Festival exceeded that of last year's Double 11 shopping festival [9] - The contribution of JD channels to Dada's GMV in Q1 was over 50% [40] Company Strategy and Development Direction - Dada Group is focused on compliant operations while driving sustainable business growth, particularly in the context of the platform economy [5] - The company is enhancing its cooperation with JD.com, improving product performance and brand marketing initiatives [38] - Dada is committed to expanding its geographic coverage and improving user experience through app design and operations [8] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenges posed by COVID-19 but expressed confidence in the recovery of business operations [30] - The company anticipates that the competitive landscape will become more rational post-COVID, benefiting strong players in the market [38] - For Q2 2022, Dada expects total revenue between RMB 2.25 billion and RMB 2.35 billion, representing a pro forma growth rate of 59% to 66% [26] Other Important Information - Dada has implemented various support measures for riders and merchants during the pandemic, including subsidies and delivery capabilities [6] - The company has launched new marketing campaigns to promote products based on consumption trends, contributing to sales growth [14] Q&A Session Summary Question: Impact of COVID on business and growth expectations for JDDJ - Management noted that while COVID outbreaks have affected operations, they have been approved as a key company for daily supplies, and business is recovering quickly [29][30] Question: Long-term outlook post-COVID and competitive landscape changes - Management expects a more rational competitive environment post-COVID, with smaller competitors facing challenges, while basket sizes continue to grow [38] Question: Contribution of JD channels to GMV - JD channels contributed over 50% to Dada's GMV in Q1, with expectations for continued growth [40] Question: Unit economics for JDDJ and revenue trends - Management indicated that JDDJ is on track to achieve positive direct margins in Q2, with expectations for continued revenue growth [43][44] Question: Advertising yield and monetization rate outlook - Advertising revenue grew by 180% year-over-year, with expectations for continued growth in monetization rates [65][66]

Dada Nexus Limited (NASDAQ:DADA) Q4 2021 Earnings Conference Call March 8, 2022 8:00 PM ET Company Participants Caroline Dong - Head, Investor Relations Philip Kuai - Chairman & Chief Executive Officer Beck Chen - Chief Financial Officer Jun Yang - Co-Founder & Chief Technology Officer Conference Call Participants Ronald Keung - Goldman Sachs Eddie Leung - Bank of America Thomas Chong - Jefferies Alicia Yap - Citigroup Ashley Xu - Credit Suisse Andre Chang - JPMorgan Wei Fang - Morgan Stanley Wei Xiong - UB ...

Dada Nexus Limited (NASDAQ:DADA) Q3 2021 Earnings Conference Call November 23, 2021 8:00 PM ET Company Participants Caroline Dong - Head, Investor Relations Philip Kuai - Chairman and CEO Beck Chen - Chief Financial Officer Jun Yang - Co-Founder and CTO Conference Call Participants Ronald Keung - Goldman Sachs Eddie Leung - Bank of America Thomas Chong - Jefferies Alicia Yap - Citigroup Ashley Xu - Credit Suisse Wei Xiong - UBS Robin Leung - Daiwa Operator Good morning, ladies and gentlemen. Thank you for s ...

Financial Data and Key Metrics Changes - Total net revenue increased to RMB 1.5 billion, with a pro forma revenue growth of 81% year-over-year [22][23] - Non-GAAP net loss attributable to ordinary shareholders was RMB 549 million, compared to RMB 319 million in Q2 last year [25] - Cash and cash equivalents, restricted cash, and short-term investments totaled RMB 4.7 billion as of June 30, 2021 [25] Business Line Data and Key Metrics Changes - Net revenues from Dada Now were RMB 594 million, with a pro forma growth rate of 81% year-over-year [23] - Total net revenues from JDDJ increased by 81% to RMB 881 million, driven by an increase in GMV and active consumers [23] - Online marketing revenue from brand partners increased by over 110% year-over-year [13] Market Data and Key Metrics Changes - The number of active consumers increased by around 50% year-over-year to 51.3 million [9] - The GMV from the JD one-hour shopping service grew by 90% quarter-over-quarter [30] - Offline retail still accounts for 76.3% of consumer goods sold in the first half of the year [10] Company Strategy and Development Direction - The company aims to support the healthy development of China's real economy and promote domestic circulation [6][7] - Focus on digital transformation and enhancing the O2O (online-to-offline) experience for retailers [11] - Plans to deepen cooperation with JD Group to enhance on-demand delivery services and expand into new categories [30][32] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the long-term competitiveness of the company amid evolving regulatory environments [7][8] - The company anticipates continued growth in the Dada Now business, expecting triple-digit growth in the second half of the year [61] - Management noted that the COVID-19 pandemic has led to increased online ordering habits among consumers, which is expected to benefit the company in the long term [42][43] Other Important Information - The company has launched a data autonomous delivery open platform to enhance operational efficiency [20] - The Haibo system has been adopted by over 4,300 retail chain stores, demonstrating significant growth [15] - The company is preparing for the implementation of work-related injury insurance for riders, with an estimated incremental cost of RMB 0.04 per order [63] Q&A Session Summary Question: Updates on cooperation with JD and expansion plans - Management highlighted strengthened partnership with JD, with significant growth in GMV from JD's one-hour shopping service and plans for further expansion [30][31] Question: JDDJ growth expectations and seasonality - Management expects JDDJ growth to accelerate in the second half, with Q4 anticipated to outperform Q3 due to seasonal factors [32] Question: Rider cost trends and implications - Management noted that rider costs have increased due to higher order volumes, but the cost per order remains stable [36][37] Question: Impact of COVID-19 on business - Management reported that COVID-19 has led to increased online ordering, benefiting the company, and does not expect significant negative impacts from recent floods [42][44] Question: Community group platform demand and competitive landscape - Management indicated that tighter regulations on community group buying platforms may lead to increased demand for supermarket retail partners [48][49] Question: Autonomous delivery cost savings and pricing structure - Management expects autonomous delivery to significantly reduce costs in the long term, with ongoing trials showing positive customer experiences [52][54]