Dada Group's revenue in the third quarter of 2023 increased by 20% year-on-year, and the number of JD Daojia stores exceeded 400,000, still maintaining high growth momentum

According to news from this site on November 15, Dada Group today released its unaudited third quarter results for fiscal year 2023 as of September 30, 2023. Total revenue in the third quarter was 2.9 billion yuan, A year-on-year increase of 20%, and the adjusted net profit margin increased by 11 percentage points year-on-year. Attached to this site is

JD Daojia platform’s revenue in the third quarter was 1.8 billion yuan, a year-on-year increase of 16%. As of September 30, 2023, the 12 During the month, the total transaction volume (GMV) of JD Daojia platform was 73.1 billion yuan, a year-on-year increase of 24%. The number of JD Daojia stores in operation exceeds 400,000.

Dada express delivery platform achieved revenue of 1.1 billion yuan in the third quarter, a year-on-year increase of 29%. The year-on-year growth rate of Dada Express active riders exceeded 20% in the third quarter. The following is the official performance table:

During the Double 11 period, “all-category hourly delivery” became the highlight of growth, and JD.com’s hourly delivery volume increased year-on-year. With an increase of 45%, the total delivery volume of Dada Express hit a new high during the Double 11 period, reaching 200 million orders

Dada Chief Financial Officer Chen Zhaoming said: "Adhering to the balanced growth strategy, we will We achieved encouraging revenue and net profit in the third quarter of 2019. Our revenue increased 20% year-over-year in the third quarter, and our non-GAAP net profit margin continued to improve by 11 percentage points year-over-year. Looking forward, our O2O penetration rate and have full confidence in the continuous improvement of the profitability of the business model."

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