Dada Group (DADA) Reports Q4 Revenue Growth of 80% YoY
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Dada's 4Q and fiscal year 2021 updates: Q4 total Revenue Growth maintained strong at 80% YOY
March 8, 2022 5:00 PM ESTSHANGHAI, March 8, 2022 /PRNewswire/ -- Dada Nexus Limited (Dada Group, NASDAQ: DADA), China's leading local on-demand delivery and retail platform, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2021.
Financial highlights:
Total net revenue in the fourth quarter and in 2021 were RMB2,032.1 million and RMB6,866.3 million. Aligning the revenue of Dada Now last-mile delivery services to a comparable basis, revenue growth separately would have been 80% and 78% year over year. Total net revenues in the fourth quarter and in 2021... More