Dada Express' strong growth in the first half of the year

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Rina77RS
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Joined: Sun Dec 22, 2024 9:02 am

Dada Express' strong growth in the first half of the year

Post by Rina77RS »

Dada Express continued to maintain a high-speed growth trend. In the first half of this year, Dada Express achieved business revenue of 2.6 billion yuan, a year-on-year increase of 51%, and the total number of completed orders increased by 15% year-on-year to 1.23 billion, and its market share further expanded.

While its business is growing rapidly, as the leading local instant delivery indonesia whatsapp mobile number platform in China, Dada Express has provided flexible employment for over one million riders and actively fulfilled its social responsibilities.

In August this year, the platform launched the Knights' Children Education Fund to provide tuition support for the children of Knights who were admitted to their ideal universities, encouraging them to bravely pursue their dreams. During the hot summer, the platform launched a mobile ice drink truck in conjunction with multiple brands to distribute tens of thousands of cold drinks and heatstroke prevention products to outdoor workers for free.

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In the future, Dada Group will continue to enhance and consolidate its user experience advantages, further leverage the synergy between instant retail and instant delivery businesses, and promote high-quality development of its business.

According to the announcement, the company's revenue in the first half of 2024 is approximately 1.333 billion yuan, an increase from 1.275 billion yuan in the same period of 2023; net profit is expected to be between 192.5 million yuan and 196.5 million yuan, compared with 257 million yuan in the same period of 2023, the net profit is expected to decrease by approximately 23.5% to 25.1%.
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