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

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, April 22, 2024 (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, 2023 with the U.S. Securities and Exchange Commission ("SEC") on April 22, 2024. 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, 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/

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

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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

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4 analysts have shared their evaluations of Dada Nexus (NASDAQ:DADA) during the recent three months, expressing a mix of bullish and bearish perspectives. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 0 2 0 0 Last 30D 1 0 0 0 0 1M Ago 0 0 1 0 0 2M Ago 0 0 0 0 0 3M Ago 1 0 1 0 0 Insights from analysts' 12-month price targets are revealed, presenting an average target of $3.0, a high estimate of $5.00, and a low estimate of $2.00. Highlighting a 58.9% decrease, the current averag

Mizuho analyst James Lee maintains Dada Nexus (NASDAQ:DADA) with a Buy and lowers the price target from $6 to $5.

Shares of Fluent Inc (NASDAQ:FLNT) fell sharply during Thursday's session after posting weaker-than-expected quarterly results. Fluent posted adjusted loss of 30 cents per share, versus market expectations for a loss of 10 cents per share. The company's quarterly sales came in at $65.983 million missing estimates of $66.433 million, according to data from Benzinga Pro. Fluent shares dipped 12.6% to $3.47 on Thursday. Here are some other stocks moving in today’s mid-day session. Gainers Lucy Scientific Discovery Inc. (NASDAQ:LSDI) shares jumped 239% to $1.75. Greenwave Technology Solutions, Inc. (NASDAQ:GWAV) jumped 100% to $0.1196 after jumping around 34% on Wednesday.

U.S. stock futures were slightly higher this morning, with the Dow futures gaining around 0.1% on Thursday. Shares of Nayax Ltd. (NASDAQ:NYAX) fell sharply in today's pre-market trading following weak quarterly results. Nayax posted a GAAP loss of 15 cents per share, compared to market expectations for a loss of 4 cents per share. The company's quarterly sales came in at $63.962 million, missing estimates of $72.825 million, according to data from Benzinga Pro. Nayax shares dipped 7.2% to $25.96 in pre-market trading. Here are some big stocks recording losses in today's pre-market trading session. Spire Global, Inc. (NYSE:SPIR) shares dipped 23.3% to $8.70 in pre-market tradi

Dada Nexus (NASDAQ:DADA) reported quarterly sales of $353.45 million which missed the analyst consensus estimate of $374.79 million by 5.69 percent. This is a 6.10 percent decrease over sales of $376.42 million the same period last year.

In the last three months, 4 analysts have published ratings on Dada Nexus (NASDAQ:DADA), offering a diverse range of perspectives from bullish to bearish. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 0 2 0 0 Last 30D 0 0 1 0 0 1M Ago 0 0 0 0 0 2M Ago 1 0 1 0 0 3M Ago 1 0 0 0 0 Insights from analysts' 12-month price targets are revealed, presenting an average target of $2.62, a high estimate of $3.50, and a low estimate of

Goldman Sachs analyst Ronald Keung reinstates Dada Nexus (NASDAQ:DADA) with a Neutral and announces $2.1 price target.