On the evening of January 8th, Dada Group announced that it had discovered some suspicious situations during routine internal audits, and the data on the company's online marketing service revenue and operating support costs for the first three quarters of 2023 were questionable. The guidance provided by the company regarding the fourth quarter and full year performance of 2023 is no longer credible. The company will hire independent professional consultants to assist in conducting independent reviews. On that day, the US stock market of Dada Group closed down more than 45%.