Dada Nexus Limited operates platform of local on-demand retail and delivery in China. It operates JDDJ, a local on-demand retail platform for consumers, retailers, and brand owners; and Dada Now, a local on-demand delivery platform for merchants and individual senders in various industries and product categories. The company was incorporated in 2014 and is headquartered in Shanghai, the People's Republic of China.
IPO Year: 2020
Exchange: NASDAQ
Website: about.imdada.cn
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/22/2024 | Neutral | Daiwa Securities | |
| 8/21/2024 | $1.00 → $1.50 | Sell → Neutral | Citigroup |
| 5/16/2024 | Buy → Neutral | Daiwa Securities | |
| 4/25/2024 | Neutral | Goldman | |
| 3/6/2024 | $15.00 → $2.00 | Buy → Neutral | New Street |
| 2/20/2024 | Neutral → Buy | Daiwa Securities | |
| 1/8/2024 | Buy → Sell | Citigroup | |
| 11/17/2023 | Outperform | CLSA | |
| 10/19/2023 | $12.30 → $4.78 | Overweight → Equal-Weight | Morgan Stanley |
| 7/24/2023 | $10.73 | Buy | Daiwa Securities |
Daiwa Securities resumed coverage of Dada with a rating of Neutral
Citigroup upgraded Dada from Sell to Neutral and set a new price target of $1.50 from $1.00 previously
Daiwa Securities downgraded Dada from Buy to Neutral
Goldman resumed coverage of Dada with a rating of Neutral
New Street downgraded Dada from Buy to Neutral and set a new price target of $2.00 from $15.00 previously
Daiwa Securities upgraded Dada from Neutral to Buy
Citigroup downgraded Dada from Buy to Sell
CLSA initiated coverage of Dada with a rating of Outperform
Morgan Stanley downgraded Dada from Overweight to Equal-Weight and set a new price target of $4.78 from $12.30 previously
Daiwa Securities initiated coverage of Dada with a rating of Buy and set a new price target of $10.73
6-K - Dada Nexus Ltd (0001793862) (Filer)
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6-K - Dada Nexus Ltd (0001793862) (Filer)
6-K - Dada Nexus Ltd (0001793862) (Filer)
6-K - Dada Nexus Ltd (0001793862) (Filer)
SCHEDULE 13D/A - Dada Nexus Ltd (0001793862) (Subject)
SHANGHAI, China, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Dada Nexus Limited (NASDAQ:DADA, "Dada", the "Company", or "we")), China's leading local on-demand retail and delivery platform, today announced its unaudited financial results for the third quarter ended September 30, 2024. "Our customer-centric high-quality growth strategy and effective execution delivered impressive results in the third quarter of 2024," said Mr. Kevin Qing Guo, Chairman of the Board of Dada. "Driven by our commitment to providing quality products and instant delivery, JD NOW1 continued to build trust and mindshare among users. The year-on-year growth in both monthly transacting users2 and orders through the JD App mai
SHANGHAI, China, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Dada Nexus Limited (NASDAQ:DADA, "Dada" or the "Company")), China's leading local on-demand retail and delivery platform, today announced that it will release its unaudited financial results for the third quarter ended September 30, 2024, on Wednesday, November 13, 2024, after the close of U.S. markets. The Company will host a conference call to discuss the earnings at 8:30 p.m. Eastern Time on Wednesday, November 13, 2024 (9:30 a.m. Beijing time on Thursday, November 14, 2024). Please register in advance of the conference using the link provided below and dial in 10 minutes prior to the call. PRE-REGISTER LINK: https://s1.c-conf.com/di
SHANGHAI, China, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Dada Nexus Limited (NASDAQ:DADA, "Dada", the "Company", or "we"))), China's leading local on-demand retail and delivery platform, today announced its unaudited financial results for the second quarter ended June 30, 2024. "I am grateful for the Board's trust and honored to take on the responsibilities of Chairman. With the Board's vision and leadership, we remain optimistic about the journey ahead of us in the on-demand retail and delivery industries," said Mr. Kevin Qing Guo, Chairman of the Board of Dada. "In the second quarter of 2024, our focus on user experience and high-quality development continued to bear significant fruits. JD NO
SHANGHAI, China, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Dada Nexus Limited (NASDAQ:DADA, "Dada" or the "Company"))), China's leading local on-demand retail and delivery platform, today announced that it will release its unaudited financial results for the second quarter ended June 30, 2024, on Tuesday, August 20, 2024, after the close of U.S. markets. The Company will host a conference call to discuss the earnings at 9:30 p.m. Eastern Time on Tuesday, August 20, 2024 (9:30 a.m. Beijing time on Wednesday, August 21, 2024). Please register in advance of the conference using the link provided below and dial in 10 minutes prior to the call. PRE-REGISTER LINK: https://s1.c-conf.
SHANGHAI, China, May 15, 2024 (GLOBE NEWSWIRE) -- Dada Nexus Limited (NASDAQ:DADA, "Dada", the "Company", or "we"))), China's leading local on-demand retail and delivery platform, today announced its unaudited financial results for the first quarter ended March 31, 2024. "We are pleased to announce that our on-demand retail service has been upgraded to JD NOW, aiming to bring quality goods to consumers at top-notch speeds. With the introduction of the new brand, we have entered a new chapter with a focus on building a sustainable ecosystem," said Mr. Bing Fu, Interim President of Dada, "For JD NOW, we are determined to fully embrace the JD.com ecosystem in a customer-centric approach
SHANGHAI, China, May 10, 2024 (GLOBE NEWSWIRE) -- Dada Nexus Limited (NASDAQ:DADA, "Dada" or the "Company"))), China's leading local on-demand retail and delivery platform, today announced that it will release its unaudited financial results for the first quarter ended March 31, 2024, on Wednesday, May 15, 2024, after the close of U.S. markets. The Company will host a conference call to discuss the earnings at 9:30 p.m. Eastern Time on Wednesday, May 15, 2024 (9:30 a.m. Beijing time on Thursday, May 16, 2024). Please register in advance of the conference using the link provided below and dial in 10 minutes prior to the call. PRE-REGISTER LINK: https://s1.c-conf.com/diamondpass/10038668-
SHANGHAI, China, March 25, 2024 (GLOBE NEWSWIRE) -- Dada Nexus Limited (NASDAQ:DADA, "Dada" or the "Company"))), China's leading local on-demand retail and delivery platform, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2023. Fourth Quarter 2023 Financial Results Total net revenues were RMB2,752.2 million, an increase of 2.7% year over year from RMB2,681.0 million in the same period of 2022. For the three months ended December 31, YoY%change 2022 2023 (RMB in thousands) Net revenues JDDJ Services note (1) 1,798,041 1,547,004 (14.0)%Sales of goods — 1,527 Not applicableSubtotal 1,798,041 1,548,531
SHANGHAI, China, March 22, 2024 (GLOBE NEWSWIRE) -- Dada Nexus Limited (NASDAQ:DADA, "Dada" or the "Company"))), China's leading local on-demand retail and delivery platform, today announced that it will release its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2023, on Monday, March 25, 2024, after the close of U.S. markets. The Company will host a conference call to discuss the earnings at 9:30 p.m. Eastern Time on Monday, March 25, 2024 (9:30 a.m. Beijing time on Tuesday, March 26, 2024). Please register in advance of the conference using the link provided below and dial in 10 minutes prior to the call. PRE-REGISTER LINK: https://s1.c-conf.com/
SHANGHAI, China, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Dada Nexus Limited (NASDAQ:DADA, "Dada" or the "Company"))), China's leading local on-demand delivery and retail platform, today announced its unaudited financial results for the third quarter ended September 30, 2023. Third Quarter 2023 Highlights Total net revenues in the third quarter were RMB2,866.6 million, an increase of 20.4% year over year from RMB2,380.1 million in the same period of 2022.Total Gross Merchandise Volume ("GMV") of JDDJ for the twelve months ended September 30, 2023 was RMB73.1 billion, an increase of 24.0% year over year from RMB58.9 billion in the same period of 2022. "We are delighted to report ano
SHANGHAI, China, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Dada Nexus Limited ("Dada" or the "Company") (NASDAQ:DADA), China's leading local on-demand delivery and retail platform, today announced that it will release its unaudited financial results for the third quarter ended September 30, 2023, on Tuesday, November 14, 2023, after the close of U.S. markets. The Company will host a conference call to discuss the earnings at 8:30 p.m. Eastern Time on Tuesday, November 14, 2023 (9:30 a.m. Beijing time on Wednesday, November 15, 2023). Please register in advance of the conference using the link provided below and dial in 10 minutes prior to the call. PRE-REGISTER LINK: htt
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SHANGHAI, China, Feb. 14, 2025 (GLOBE NEWSWIRE) -- Dada Nexus Limited (NASDAQ:DADA, "Dada" or the "Company")), China's leading local on-demand retail and delivery platform, today announced that the independent special committee (the "Special Committee") of the Company's board of directors (the "Board"), formed to evaluate and consider the previously announced preliminary non-binding proposal letter dated on January 25, 2025 (the "Proposal"), has retained Kroll, LLC as its financial advisor and Gibson, Dunn & Crutcher LLP as its U.S. legal counsel. The Special Committee is continuing its review and evaluation of the Proposal. The Board cautions the Company's shareholders and others conside
Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, March 06, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Dada Nexus Limited (NASDAQ:DADA) investors that a lawsuit was filed on behalf of investors that purchased Dada securities between May 11, 2023 and January 8, 2024, inclusive (the "Class Period"). Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: [email protected], to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors' options for pursuing claims to recover t
Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, March 04, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Dada Nexus Limited (NASDAQ:DADA) investors that a lawsuit was filed on behalf of investors that purchased Dada securities between May 11, 2023 and January 8, 2024, inclusive (the "Class Period"). Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: [email protected], to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors' options for pursuing claims to recov
Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, Feb. 26, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Dada Nexus Limited (NASDAQ:DADA) investors that a lawsuit was filed on behalf of investors that purchased Dada securities between May 11, 2023 and January 8, 2024, inclusive (the "Class Period"). Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: [email protected], to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors' options for pursuing claims t
Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, Jan. 31, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Dada Nexus Limited (NASDAQ:DADA) investors that a lawsuit was filed on behalf of investors that purchased Dada securities between May 11, 2023 and January 8, 2024, inclusive (the "Class Period"). Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: [email protected], to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors' options for pursuing claims to recove
SHANGHAI, Sept. 30, 2022 /PRNewswire/ -- ATRenew Inc. ("ATRenew" or the "Company") (NYSE:RERE), a leading technology-driven pre-owned consumer electronics transactions and services platform in China, today announced that Mr. Lijun Xin and Mr. Yanzhong Yao have been appointed as new directors to the Company's board of directors (the "Board"), effective on September 30, 2022, to fill in the vacancies arising from the resignations of Mr. Lei Xu and Mr. Wei Tang. Mr. Lijun Xin will also replace Mr. Lei Xu to serve as a member of the compensation committee of the Board and a member of the nominating and corporate governance committee of the Board. Upon the appointment of Mr. Lijun Xin and Mr. Yan
SHANGHAI, China, Jan. 29, 2021 (GLOBE NEWSWIRE) -- Dada Nexus Limited (“Dada” or the “Company”) (NASDAQ: DADA), China’s leading local on-demand delivery and retail platform, today announced the appointment of a new director to its board of directors (the “Board”): Mr. Rui Yu, effective January 27, 2021. Mr. Zhenhui Wang has concurrently resigned from his position as a director of the Board. After the change, the Board will continue to consist of nine members, two of whom are independent directors. Rui Yu is the chief executive officer of JD Logistics. Mr. Yu joined JD.com in 2008, and has held multiple executive positions within the company and its retail and logistics business groups. In
SHANGHAI, China, May 08, 2025 (GLOBE NEWSWIRE) -- Dada Nexus Limited (NASDAQ:DADA, "Dada" or the "Company")), China's leading local on-demand retail and delivery platform, today announced that it has called an extraordinary general meeting of shareholders (the "EGM"), to be held on June 10, 2025 at 10 a.m. (Beijing time) at No. 76 Zhichun Road, Haidian District, Beijing, People's Republic of China, to consider and vote on, among other matters, the proposal to authorize and approve the previously announced Agreement and Plan of Merger (the "Merger Agreement") dated April 1, 2025 by and between the Company, JD Sunflower Investment Limited ("Parent") and JD Sunflower Merger Sub Limited, a who
SHANGHAI, China, April 14, 2025 (GLOBE NEWSWIRE) -- Dada Nexus Limited ("Dada" or the "Company") (NASDAQ:DADA), China's leading local on-demand retail and delivery platform, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the U.S. Securities and Exchange Commission ("SEC") on April 14, 2025. The annual report can be accessed on the Company's investor relations website at https://ir.imdada.cn/ as well as the SEC's website at http://www.sec.gov. The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders upon request. Requests should be di
SHANGHAI, China, April 01, 2025 (GLOBE NEWSWIRE) -- Dada Nexus Limited (NASDAQ:DADA, "Dada" or the "Company")), China's leading local on-demand retail and delivery platform, today announced that it has entered into an Agreement and Plan of Merger (the "Merger Agreement") with JD Sunflower Investment Limited, a British Virgin Islands company ("Parent") and JD Sunflower Merger Sub Limited, a Cayman Islands company and a wholly owned subsidiary of Parent ("Merger Sub"). Pursuant to the Merger Agreement, Merger Sub will merge with and into the Company, with the Company continuing as the surviving company and becoming a wholly owned subsidiary of Parent (the "Merger"). Parent is wholly owned by
SHANGHAI, China, March 05, 2025 (GLOBE NEWSWIRE) -- Dada Nexus Limited (NASDAQ:DADA, "Dada", the "Company", or "we")), China's leading local on-demand retail and delivery platform, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2024. Fourth Quarter 2024 Financial Results Total net revenues were RMB2,432.7 million in the fourth quarter of 2024, compared with RMB2,752.2 million in the same quarter of 2023. Beginning with the second quarter of 2024, the Company changed the presentation of disaggregated revenues to better reflect its lines of business. The table
SHANGHAI, China, Feb. 14, 2025 (GLOBE NEWSWIRE) -- Dada Nexus Limited (NASDAQ:DADA, "Dada" or the "Company")), China's leading local on-demand retail and delivery platform, today announced that the independent special committee (the "Special Committee") of the Company's board of directors (the "Board"), formed to evaluate and consider the previously announced preliminary non-binding proposal letter dated on January 25, 2025 (the "Proposal"), has retained Kroll, LLC as its financial advisor and Gibson, Dunn & Crutcher LLP as its U.S. legal counsel. The Special Committee is continuing its review and evaluation of the Proposal. The Board cautions the Company's shareholders and others conside
SHANGHAI, China, Jan. 27, 2025 (GLOBE NEWSWIRE) -- Dada Nexus Limited (NASDAQ:DADA, "Dada" or the "Company")), China's leading local on-demand retail and delivery platform, today announced that its board of directors (the "Board") has received a preliminary non-binding proposal letter (the "Proposal Letter"), dated January 25, 2025, from JD.com, Inc. ("JD" or the "Buyer"), to acquire all of the outstanding ordinary shares of the Company (the "Ordinary Shares"), including the Ordinary Shares represented by the American Depositary Shares of the Company (the "ADSs", each representing four Ordinary Shares), that are not already beneficially owned by the Buyer for a proposed purchase price of U
SHANGHAI, China, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Dada Nexus Limited (NASDAQ:DADA, "Dada", the "Company", or "we")), China's leading local on-demand retail and delivery platform, today announced its unaudited financial results for the third quarter ended September 30, 2024. "Our customer-centric high-quality growth strategy and effective execution delivered impressive results in the third quarter of 2024," said Mr. Kevin Qing Guo, Chairman of the Board of Dada. "Driven by our commitment to providing quality products and instant delivery, JD NOW1 continued to build trust and mindshare among users. The year-on-year growth in both monthly transacting users2 and orders through the JD App mai
SHANGHAI, China, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Dada Nexus Limited (NASDAQ:DADA, "Dada" or the "Company")), China's leading local on-demand retail and delivery platform, today announced that it will release its unaudited financial results for the third quarter ended September 30, 2024, on Wednesday, November 13, 2024, after the close of U.S. markets. The Company will host a conference call to discuss the earnings at 8:30 p.m. Eastern Time on Wednesday, November 13, 2024 (9:30 a.m. Beijing time on Thursday, November 14, 2024). Please register in advance of the conference using the link provided below and dial in 10 minutes prior to the call. PRE-REGISTER LINK: https://s1.c-conf.com/di
SHANGHAI, China, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Dada Nexus Limited (NASDAQ:DADA, "Dada", the "Company", or "we"))), China's leading local on-demand retail and delivery platform, today announced its unaudited financial results for the second quarter ended June 30, 2024. "I am grateful for the Board's trust and honored to take on the responsibilities of Chairman. With the Board's vision and leadership, we remain optimistic about the journey ahead of us in the on-demand retail and delivery industries," said Mr. Kevin Qing Guo, Chairman of the Board of Dada. "In the second quarter of 2024, our focus on user experience and high-quality development continued to bear significant fruits. JD NO
SHANGHAI, China, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Dada Nexus Limited (NASDAQ:DADA, "Dada" or the "Company"))), China's leading local on-demand retail and delivery platform, today announced that the board of directors (the "Board") has elected Mr. Kevin Qing Guo to become a director and a member of the compensation committee of the Board and succeed Mr. Ian Su Shan as the chairman of the Board, effective August 20, 2024. Mr. Ian Su Shan will continue to serve as a director of the Company and a member of the nominating and corporate governance committee of the Board. After the change, the Board will consist of six members, three of whom are independent directors. In addition, Mr. Bing Fu ha