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DADA

Dada Nexus Limited

https://about.imdada.cn

Industry

Specialty Retail

Dada Nexus Limited operates a platform of local on-demand retail and delivery in the People's Republic of China. It operates Dada Now, a local on-demand delivery platform that provides intra-city delivery and last-mile delivery services on an on-demand basis to chain merchants, small- and medium-sized enterprise merchants, and individual senders; and JDDJ, a local on-demand retail platform for consumers, retailers, and brand owner. The company was incorporated in 2014 and is headquartered in Shanghai, the People's Republic of China.

Open

1.69

Mkt cap

462M

Volume

159K

High

1.76

P/E Ratio

-1.59

52-wk high

4.55

Low

1.69

Div yield

N/A

52-wk low

1.04

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Portfolio Pulse from Avi Kapoor

September 27, 2024 | 1:56 pm

Chinese stocks are experiencing a rise in share prices due to a report indicating that China plans to issue up to $284 billion in sovereign debt as a stimulus measure.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 12:57 pm

US-listed Chinese companies are experiencing a decline in share prices due to a potential selloff, following a previous rise after China's Central Bank announced a new stimulus package.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 1:20 pm

Several US-listed stocks saw significant gains on Tuesday. Wave Life Sciences surged 37.9% after positive interim data from a study. Chinese stocks like Kanzhun, Bilibili, and NIO rose due to a new stimulus package from China's Central Bank. Tesla gained 2.5% on strong vehicle registration data from China.

Portfolio Pulse from Avi Kapoor

September 24, 2024 | 1:59 pm

Shares of US-listed Chinese companies are trading higher following the announcement of a new stimulus package by China's Central Bank.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 11:49 am

Dada Nexus reported its earnings and received an upgrade from Citigroup on August 21. This correction clarifies the date of these events.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 7:23 pm

Dada Nexus shares rose following the company's Q2 earnings report and an upgrade from Citigroup, which changed its rating from Sell to Neutral.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 3:55 pm

Walmart has sold its 9.4% stake in JD.com, ending an eight-year partnership. This move allows Walmart to focus on its own operations in China, where it has seen significant growth. JD.com faces challenges in the competitive Chinese e-commerce market.

Portfolio Pulse from The Bamboo Works

August 27, 2024 | 4:32 pm

Citigroup analyst Alicia Yap has upgraded Dada Nexus from Sell to Neutral and increased the price target from $1 to $1.5.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 3:17 pm

Dada Nexus reported better-than-expected Q2 results with EPS of $(0.08) beating estimates by 20% and sales of $324.53M surpassing expectations by 2.26%. However, sales decreased by 19.14% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 5:20 am

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