JD.com, Inc. → Dada Nexus Ltd

Item 4 of the Original Schedule 13D is hereby amended and supplemented by the following: On January 25, 2025, JD submitted the Proposal to the Issuer's board of directors, proposing to acquire all the Ordinary Shares not currently held by the Reporting Persons for US$0.5 per share or US$2.0 per ADS in cash. The transactions contemplated by the Proposal (the "Proposed Transaction") is subject to a number of conditions, including, among other things, the negotiation and execution of a definitive agreement and other related agreements mutually acceptable in form and substance to JD and the Issuer. Neither JD nor the Issuer is obligated to complete the Proposed Transaction, and a binding commitment with respect to the Proposed Transaction will result only from the execution of definitive agreements, and then will be on the terms provided in such documentation. If the Proposed Transaction is completed, the ADSs of the Issuer would be delisted from the Nasdaq Global Select Market, and the Issuer's obligation to file periodic reports under the Securities Exchange Act of 1934, as amended, would terminate. The descriptions of the Proposal in this Amendment No. 4 are qualified in their entirety by reference to the Proposal, a copy of which is attached hereto as Exhibit 99.9 and incorporated herein by reference in its entirety.