Dada Nexus Limited reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was CNY 2,810.6 million compared to CNY 2,281.09 million a year ago. Net loss was CNY 158.73 million compared to CNY 578.85 million a year ago. Basic loss per share from continuing operations was CNY 0.6 compared to CNY 2.4 a year ago. Diluted loss per share from continuing operations was CNY 0.6 compared to CNY 2.4 a year ago.
For the six months, sales was CNY 5,386.1 million compared to CNY 4,306.41 million a year ago. Net loss was CNY 509.18 million compared to CNY 1,183.09 million a year ago. Basic loss per share from continuing operations was CNY 1.96 compared to CNY 4.72 a year ago. Diluted loss per share from continuing operations was CNY 1.96 compared to CNY 4.72 a year ago.