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6 articles for Dada Nexus Ltd
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 u...
Yiru Qian @ EqualOcean 29 August 2022
Dada Nexus: Q3 2021 – expansion continues
Some improvement in financials was accompanied by new product initiatives. Once tried, more people are choosing to stick to O2O-based consumption. Meanwhile, the operating profit margin improved by more than 16% year-on-year (aligning Dada Now's last...
Yiru Qian @ EqualOcean 6 December 2021
Dada Nexus beats Q2 2021 earnings estimates, growth accelerates
Creating extra value for JD.com's 530 million active users will be the company's next strategic endeavor. Dada was founded in 2014 as an "open local on-demand delivery platform" and took its present form after a merger with JD.com's (JD:NASDAQ) spino...
Ivan Platonov @ EqualOcean 20 September 2021
Dada Nexus keeps growing in lower-tier cities, deepens ties with JD in Q1
In spite of the increasing marketing costs, the Chinese on-demand retail and delivery platform is showing signs of long-term business sustainability. Excited investors sent the firm's shares up nearly 14% on the earnings day. As it normally happens t...
Ivan Platonov @ EqualOcean 18 June 2021
Community Group Buying: the new battleground for China's Internet giants
The retail industry players have always been competing for high efficiency and satisfying consumer experience. Also, the structure of terminal retail channels for agricultural products during the pandemic has changed significantly, with the proportio...
Yiru Qian @ EqualOcean 15 April 2021
After a stellar 2020, new growth catalysts emerge for Dada Nexus
On March 8,DadaNexus (DADA:NASDAQ), a company operating on-demand retail and delivery platforms in China,postedits unaudited financial results for the fourth quarter of 2020. Less than one year since its IPO, the firm comes off as yet undiscovered by...
Ivan Platonov @ EqualOcean 18 March 2021
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China
Asia
Media & Entertainment
About
Dada Nexus Limited operates a platform for local on-demand retail and delivery. The Company provides a digital solution leveraging the crowdsourcing model to address the challenge of frequent fluctuations brought forward by the nature of on-demand orders and to match the surging demand for delivery capacity with efficient supply. Dada Nexus serves customers in China.
