Dada Nexus Ltd. Sponsored ADR Group (stock code: DADA) is a leading local instant retail and distribution platform in China, with the mission of "thousands of good things, available instantly". It has two core business platforms: Dada Nexus Ltd. Sponsored ADR Express Delivery and JD Daojia. The two operate independently but collaborate and complement each other to form a synergistic effect of "retail + logistics". Dada Nexus Ltd. Sponsored ADR Group was established in Shanghai in 2014 and listed on the NASDAQ stock exchange in the United States in June 2020. Dada Nexus Ltd. Sponsored ADR Express Delivery is the leading local instant delivery platform under Dada Nexus Ltd. Sponsored ADR Group in China. After 6 years of development, Dada Nexus Ltd. Sponsored ADR Express Delivery continuously iterates and upgrades its technology capabilities. Based on the flexibility and scalability of its crowd-sourced delivery network, it has built a delivery service system consisting of on-site delivery, instant delivery, and purchasing and delivery, to meet the booming demand for orders in diverse scenarios, providing professional and efficient local instant delivery services for all types of merchants and individual users. As of the first quarter of 2020, Dada Nexus Ltd. Sponsored ADR Express Delivery covers more than 2400 counties and cities nationwide, with a peak daily order volume of over 9.2 million in 2019. As of March 31, 2020, the total order volume of Dada Nexus Ltd. Sponsored ADR Express Delivery riders exceeded 822 million in the past 12 months. According to the order volume in 2019 calculated by iResearch, Dada Nexus Ltd. Sponsored ADR Express Delivery ranks first in the market share of China's socialized intra-city delivery market. JD Daojia is the leading local instant retail platform in China under Dada Nexus Ltd. Sponsored ADR Group. With the help of partners such as retailers and brand owners, JD Daojia provides consumers with a service experience of delivering a large number of goods such as supermarket convenience, fresh fruits and vegetables, medical health, flowers and cakes, baking tea snacks, and home fashion, all delivered to their homes within one hour, relying on the national instant delivery network of Dada Nexus Ltd. Sponsored ADR Express Delivery. At the same time, JD Daojia is committed to providing comprehensive and perfect digital solutions and systematic tools, optimizing operation, sales and performance efficiency, and helping retailers and brand owners achieve digital transformation across all channels. As of the first quarter of 2020, JD Daojia covers more than 700 counties and cities nationwide. As of March 31, 2020, the number of active users on the JD Daojia platform reached 27.6 million, and the number of active stores exceeded 89,000. According to the GMV in 2019 calculated by iResearch, JD Daojia ranks first in the market share of China's local retail and supermarket O2O industry.