Dada Nexus reports Q4 adjusted EPS RMB0.18 vs RMB0.51 last year

Reports Q4 revenue RMB2.681B, up 31.9% y/y. "We continued to execute well amid macro challenges in the past quarter. Our team remained focused on enriching product selection and improving user experience, and our highly flexible rider network continued to serve consumers and our merchant partners during COVID-19 resurgence," said Mr. Jeff He, President of Dada. "Looking ahead, we feel optimistic about what the future holds. As on-demand penetration steadily progresses in every single category, we believe our track record of enabling retailers and synergies unleashed from our deepened collaboration with JD.com will position us well to capture opportunities in the coming years."