[Increase of shareholding in Dada to 63.2% of its holding in JD continues to increase its real-time retail track layout] Dada Group announced on the 17th that JD has completed the purchase of 87.4813 million ordinary shares and 1.875 million American depositary shares of Dada Group held by Wal Mart subsidiaries. So far, JD has acquired all the shares of Dada held by Wal Mart, and the shareholding ratio has increased to 63.2%. Regarding the purpose of this increase in holdings in Dada Group, an insider from JD.com told reporters that this move demonstrates JD's full confidence in Dada's long-term stable development, as well as its optimism and recognition of Dada's future prospects, the importance it attaches to Dada's position in the JD ecosystem, and the expectation of further deepening the strategic partnership between the two sides.