Walmart Inc. and its wholly-owned subsidiary Global Pinnacle Corporation have jointly filed an amendment to their Schedule 13G/A with the United States Securities and Exchange Commission, indicating that as of September 16, 2024, they no longer beneficially own more than five percent of Dada Nexus Limited's class of securities. The filing, dated September 16, 2024, specifies that Walmart and Global Pinnacle do not hold any shares with voting or dispositive power in Dada Nexus Limited, a company with ordinary shares listed on The NASDAQ Global Select Market under the symbol 'DADA'. The amendment suggests that Walmart and Global Pinnacle have reduced their stake in Dada Nexus Limited to below the five percent threshold that requires continued reporting under SEC rules. The filing includes a certification stating that the shares were not acquired or held for the purpose of changing or influencing the control of Dada Nexus Limited, nor in connection with any transaction with such purpose or effect.

Walmart Inc. and its wholly-owned subsidiary Global Pinnacle Corporation have jointly filed an amendment to their Schedule 13G/A with the United States Securities and Exchange Commission, indicating that as of September 16, 2024, they no longer beneficially own more than five percent of Dada Nexus Limited's class of securities. The filing, dated September 16, 2024, specifies that Walmart and Global Pinnacle do not hold any shares with voting or dispositive power in Dada Nexus Limited, a company with ordinary shares listed on The NASDAQ Global Select Market under the symbol 'DADA'. The amendment suggests that Walmart and Global Pinnacle have reduced their stake in Dada Nexus Limited to below the five percent threshold that requires continued reporting under SEC rules. The filing includes a certification stating that the shares were not acquired or held for the purpose of changing or influencing the control of Dada Nexus Limited, nor in connection with any transaction with such purpose or effect.