Earnings Call Summary | Dada Nexus(DADA.US) Q4 2023 Earnings Conference
Earnings Call Summary | Dada Nexus(DADA.US) Q4 2023 Earnings Conference
The following is a summary of the Dada Nexus Limited (DADA) Q4 2023 Earnings Call Transcript:
Financial Performance:
Dada Nexus reported Q4 revenues of CNY 2.75 billion, up 3% year-over-year. Gross margin improved by 1% point year-over-year.
Operations and support cost increased due to the increase in rider cost because of the increasing order volume. Non-GAAP net loss was CNY 159 million, showing an improvement from a loss of CNY 179 million in the previous year.
As of the end of 2023, the company had CNY 4 billion in cash, cash equivalents, restricted cash, and short-term investments.
Business Progress:
Dada Group formed strategic partnerships with JD.com and other major appliance brands such as Panasonic and Robam and leading smart locks manufacturers like Kaadas, leading to a 50% increase in Xiaoshigou users year-on-year. The company also saw a significant increase in GMV in the liquor, apparel, and home appliance category year-over-year.
The company's Dada Now platform had more than 1.2 million annual active riders by the end of 2023, an increase of over 20% from the previous year. This led to an increase in orders fulfilled by KA business. For 2024, Dada Nexus plans to balance high-quality growth with steady profitability improvement.
More details: Dada Nexus IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
The following is a summary of the Dada Nexus Limited (DADA) Q4 2023 Earnings Call Transcript:
以下是 Dada Nexus Limited（DADA）2023年第四季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Dada Nexus reported Q4 revenues of CNY 2.75 billion, up 3% year-over-year. Gross margin improved by 1% point year-over-year.
Operations and support cost increased due to the increase in rider cost because of the increasing order volume. Non-GAAP net loss was CNY 159 million, showing an improvement from a loss of CNY 179 million in the previous year.
As of the end of 2023, the company had CNY 4 billion in cash, cash equivalents, restricted cash, and short-term investments.
達達Nexus公佈的第四季度收入爲27.5億元人民幣，同比增長3％。毛利率同比提高了1％。
由於訂單量增加，乘客成本增加，運營和支持成本增加。非公認會計准則淨虧損爲1.59億元人民幣，較去年1.79億元人民幣的虧損有所改善。
截至2023年底，該公司擁有40億元人民幣的現金、現金等價物、限制性現金和短期投資。
Business Progress:
業務進展：
Dada Group formed strategic partnerships with JD.com and other major appliance brands such as Panasonic and Robam and leading smart locks manufacturers like Kaadas, leading to a 50% increase in Xiaoshigou users year-on-year. The company also saw a significant increase in GMV in the liquor, apparel, and home appliance category year-over-year.
The company's Dada Now platform had more than 1.2 million annual active riders by the end of 2023, an increase of over 20% from the previous year. This led to an increase in orders fulfilled by KA business. For 2024, Dada Nexus plans to balance high-quality growth with steady profitability improvement.
達達集團與京東以及松下和Robam等其他主要家電品牌以及Kaadas等領先的智能鎖製造商建立了戰略合作伙伴關係，使小石溝用戶同比增長了50％。該公司酒類、服裝和家用電器類別的GMV也同比大幅增加。
截至2023年底，該公司的Dada Now平台的年活躍乘客超過120萬，比上年增長了20％以上。這導致KA業務完成的訂單增加。2024年，Dada Nexus計劃在高質量增長與盈利能力的穩步提高之間取得平衡。
More details: Dada Nexus IR
更多詳情： Dada Nexus IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。
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