Equity Analysis /
China

Dada Nexus Ltd: Speeds Up Profitability, Supporting Real Economy

  • Dada released its Q2 2022 results and reported 2.28 billion in revenue and the GMV of JDDJ reached CNY 54.6 billion

  • China's raw & fresh market is forecasted to exceed CNY 6.8 trillion help Dada become a wave-rider

  • Retail digitization strategy and unmanned delivery are keys to gain competitive differentiators

EqualOcean Research Team
EqualOcean
29 August 2022
Published byEqualOcean

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