US23344D1081 - ADR
DADA NEXUS LTD-ADR
NASDAQ:DADA (11/4/2024, 10:33:14 AM)
1.655
-0.01 (-0.9%)
Dada Nexus Ltd. engages in the provision of platform for local on-demand retail and delivery in China. The company is headquartered in Shanghai, Shanghai and currently employs 2,376 full-time employees. The company went IPO on 2020-06-05. The Company’s main platforms are JD-Daojia (JDDJ) and Dada Now. JDDJ is an on-demand retail platform operated in China. The company facilitates digitalized transformation for retailers and brand owners on selling products through online channels. Dada Now is a China-based on-demand delivery platform using a crowdsourcing model to process on-demand delivery orders. The two platforms combined can deliver a range of products, including the goods from supermarkets and convenience stores, fresh fruits and vegetables and drugs, to the customers.
DADA NEXUS LTD-ADR
22F, Oriental Fisherman's Wharf, No. 1088, Yangshupu Road, Yangpu Distrct
Shanghai SHANGHAI 200082
P: 862131657167
CEO: Philip Jiaqi Kuai
Employees: 2376
Website: https://about.imdada.cn/
Chinese stocks rallied again on the day.
Industrial companies and the finance sector in particular should feel the impact of lower interest rates and other new economy-boosting measures.
The company was on the receiving end of a big move by a giant American peer and investor.
The U.S retail giant just liquidated its entire stake in the Chinese e-commerce leader.
DADA stock results show that Dada Nexus beat analyst estimates for earnings per share and beat on revenue for the second quarter of 2024.
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Dada Nexus (NASDAQ:DADA) just reported results for the second quarter of 2024.D...
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