ROSEN, A PIONEER IN LEGAL ADVOCACY, URGES DADA INVESTORS TO ACT AHEAD OF DEADLINE IN SECURITIES CLASS ACTION LAWSUIT

NEW YORK, Feb. 19, 2024 – The esteemed Rosen Law Firm, recognized nationwide for its representation of shareholders' rights, is issuing a reminder to investors who acquired securities of Dada Nexus Limited DADA within the period from May 11, 2023, to January 8, 2024. The noted timeframe delineates the Class Period pertinent to a pending securities class action lawsuit initiated by the firm. With the critical deadline of March 11, 2024, approaching swiftly, investors are encouraged to secure legal counsel to ensure their interests are duly protected in this matter.

The Class Action Lawsuit Against Dada Nexus Limited

The lawsuit filed by Rosen Law Firm asserts allegations that Dada Nexus Limited may have disseminated materially misleading business information to the investing public during the Class Period. The firm continuously monitors compliance with securities laws on behalf of investors and takes action against corporations for any infractions that could affect shareholder value. All individuals or entities who purchased or otherwise obtained Dada Nexus Limited securities during the Class Period and endured financial losses are potentially eligible to participate in the action.

About Dada Nexus Limited

Dada Nexus Limited operates within the digital commerce industry, providing an on-demand retail and delivery platform tailor-made for the dynamic market in China. The company's headquarters are situated in the confluence of business and commerce in Shanghai, within the jurisdiction of the People's Republic of China. Dada Nexus Limited has committed itself to connecting retailers and consumers effectively, optimizing the local retail experience through technology-driven solutions.

Investor Rights and Remedies

Investors in Dada Nexus Limited DADA who have incurred losses during the designated Class Period are entitled to consult with legal professionals to understand the full spectrum of their rights and potential remedies under the securities laws. Participation in the class action lawsuit may offer an avenue for financial redress. The Rosen Law Firm champions the cause of investors worldwide and leverages extensive legal expertise to hold accountable entities that violate securities regulations.

Rosen, Dada, Deadline