JD.com Partner Dada Group Revenue up 81% YOY
Dada just announced its Q2 earnings and owners of Dada should be happy to see the following results: The full Dada Q2 earnings release can be found here. Second Quarter 2021 Highlights
Total net revenues were RMB1,474.6 million, an increase of 11.5% year over year. Aligning the revenue of Dada Now last-mile delivery services to a comparable basis, revenue growth would have been 81.3% year over year1.Total Gross Merchandise Volume (“GMV”) of JDDJ for the twelve months ended June 30, 2021 was RMB32.3 billion, an increase of 76.7% year over year from RMB18.3 billion in the same period ended June 30, 2020.Number of active consumers for the twelve months ended June 30, 2021 was 51.3 million, as compared with 32.3 million in the same period ended June 30, 2020.
“Dada has lo...
