Dada Nexus

Dada Nexus Ltd. provides a platform for local on-demand retail and delivery in China. The company operates JD-Daojia, a local on-demand retail platform; and Dada Now, a local on-demand delivery platform in China. Dada Nexus was founded by Jia Qi Kuai and Jun Yang on July 8, 2014 and is headquartered in Shanghai, China.

Earnings data Q1 2023

Earnings data Q2 2023

Dada Nexus Limited's 2023 guidance points to a slight moderation in revenue growth, but the company is expected to turn profitable on a non-GAAP basis this year. Dada Nexus' new partnership with Douyin has significant growth potential, but this is dependent on Douyin's ability to compete successfully with Meituan in the Chinese food delivery space.

Dada Nexus: Spotlight On 2023 Outlook And New Partnership

SHANGHAI , March 15, 2023 /PRNewswire/ -- The on-demand delivery service platform from Dada Group (Nasdaq: DADA) ("Dada"), Dada Now, has recently launched an automobile delivery service, to better support small and medium enterprises (SMEs). To date, the automobile delivery service has been launched in more than 60 cities nationwide, including Beijing, Harbin, Fuzhou, Changsha, Hefei and Shanghai, among others.

DADA Now's Automobile Delivery Service Fulfills 3.3 million orders in 60 cities Across China

Dada Nexus Ltd (NASDAQ:DADA ) Q4 2022 Earnings Conference Call March 8, 2023 8:30 PM ET Company Participants Caroline Dong - Head, IR Jeff Huijian He - President & Director Beck Chen - CFO Conference Call Participants Ronald Keung - Goldman Sachs Group Thomas Chong - Jefferies Alicia Yap - Citigroup Andre Chang - JPMorgan Chase & Co. Operator Good morning, ladies and gentlemen, and thank you for standing by for Dada's Fourth Quarter 2022 Earnings Conference Call. [Operator Instructions].

Dada Nexus Ltd (DADA) Q4 2022 Earnings Call Transcript

SHANGHAI, China, March 08, 2023 (GLOBE NEWSWIRE) -- Dada Nexus Limited (NASDAQ: DADA, “Dada” or the “Company”), China's leading local on-demand delivery and retail platform, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2022.

Dada Announces Unaudited Fourth Quarter and Fiscal Year 2022 Financial Results

SHANGHAI, China, March 01, 2023 (GLOBE NEWSWIRE) -- Dada Nexus Limited (“Dada” or the “Company”) (NASDAQ: DADA), China's leading local on-demand delivery and retail platform, today announced that it will release its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2022, on Wednesday, March 8, 2023, after the close of U.S. markets.

Dada to Announce Unaudited Fourth Quarter and Fiscal Year 2022 Financial Results on March 8, 2023

Does Dada Nexus Limited Sponsored ADR (DADA) have what it takes to be a top stock pick for momentum investors? Let's find out.

Are You Looking for a Top Momentum Pick? Why Dada Nexus Limited Sponsored ADR (DADA) is a Great Choice

Dada Nexus Ltd - ADR DADA shares are trading higher by 20.08% to $12.32 during Thursday's session. Shares of Chinese companies at large are trading higher Thursday after Chinese regulators reportedly approved a capital raise for Ant Group.

Why Dada Nexus Shares Are Trading Higher - Dada Nexus (NASDAQ:DADA)

Dada Nexus Ltd - ADR DADA shares are trading higher by 15.87% to $10.22 Wednesday. Shares of Chinese companies at large are trading higher after Chinese regulators reportedly approved a capital raise for Ant Group.

What's Happening With Dada Nexus Shares During Wednesday's Trading Session - Dada Nexus (NASDAQ:DADA)

SHANGHAI , Jan. 2, 2023 /PRNewswire/ -- This year, on-demand retail has been increasingly valued by more retail and brand partners of Dada Group (Nasdaq: DADA), China's leading local on-demand retail and delivery platform. As a new way to connect online and offline integration, on-demand retail has promoted the integration of the real economy and the digital economy, as well as the process of industry digitization.

Dada Group's Impressive 2022 Year in Review

SHANGHAI , Dec. 29, 2022 /PRNewswire/ -- Dada Group (Nasdaq: DADA) ("Dada" or the "Company"), China's leading local on-demand retail platform, announced the launch of its CNY Shopping Festival at 8 p.m. on Dec.16th, which will run through winter solstice, Laba, New Year's Day, the Spring Festival and the Lantern Festival, ending on Feb.5th, with the theme "Family together, enjoy great gifts.

JD Shop Now's CNY: Multi-measures Drive Growth for More Than 35,000 Merchants

SHANGHAI , Dec. 18, 2022 /PRNewswire/ -- JDDJ, China's leading on-demand retail platform operated by Dada Group (NASDAQ: DADA) recently participated in the 2022 China Retail Leaders Summit held by the China Chain Store and Franchise Association (CCFA) in Suzhou. At the summit, JDDJ was invited to discuss the future of retail and the importance of improving infrastructure in order to optimize the synergy between cost, efficiency, and experience.

JDDJ at CCFA 2022 Summit: Balance Cost, Efficiency and Experience

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Late 2022 is shaping up to be a fine time for the company.

Why Dada Nexus Stock Was Blasting Higher This Week

Dada Nexus, Inc. (NASDAQ:DADA ) Q3 2022 Earnings Conference Call November 17, 2022 8:30 PM ET Company Participants Caroline Dong - Head, IR Jeff Huijian - President & Director Beck Chen - CFO Conference Call Participants Ronald Keung - Goldman Sachs Thomas Chong - Jefferies Alicia Yap - Citi Ashley Xu - Crédit Suisse Andre Chang - JPMorgan Chase & Co. Operator Good morning, ladies and gentlemen, and thank you for standing by for Dada's Third Quarter 2022 Earnings Conference Call. [Operator Instructions].

Dada Nexus, Inc. (DADA) Q3 2022 Earnings Call Transcript

SHANGHAI, China, Nov. 17, 2022 (GLOBE NEWSWIRE) -- Dada Nexus Limited (NASDAQ: DADA, “Dada” or the “Company”), China's leading local on-demand delivery and retail platform, today announced its unaudited financial results for the third quarter ended September 30, 2022.

Dada Announces Unaudited Third Quarter 2022 Financial Results

Over 200,000 physical stores joined Double 11 on JDDJ and JD Shop Now. Dada Now delivered 120 million orders during 2022 Double 11 shopping festival.

Dada Group sets new records for sales and delivery volume during 2022 Singles' Day Grand Promotion

SHANGHAI, China, Nov. 11, 2022 (GLOBE NEWSWIRE) -- Dada Nexus Limited (“Dada” or the “Company”) (NASDAQ: DADA), China's leading local on-demand delivery and retail platform, today announced that it will release its unaudited financial results for the third quarter ended September 30, 2022, on Thursday, November 17, 2022, after the close of U.S. markets.

Dada to Announce Third Quarter 2022 Unaudited Financial Results on November 17, 2022

The number of physical shops participating in the Double 11 Shopping Festival through the JDDJ platform, i s doubling from that of last year. The first order, a latest Redmi Note 12 was delivered to customer nine minutes after the order wa s placed.

2022 Singles' Day Grand Promotion: Dada Group Optimized On-Demand Solutions to Support Merchants' Growth and Brings a More Solid Life

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The prospect of a deal with U.S. regulators and the loosening of COVID-19 restrictions in China helped fuel a massive rally.

Why Baidu, Bilibili, and Other Chinese Stocks Roared Higher This Morning

SHANGHAI , Oct. 14, 2022 /PRNewswire/ -- As seen during China's recent National Day Holiday, more consumers are embracing on-demand retail to place orders online both while staying at home, and while traveling. This year, the Double Ninth Festival (September 9 on the lunar calendar, celebrated as Seniors' Day in China) coincided with the National Day Holiday, driving sales growth in liquors and egg gift boxes, among other items.

JDDJ and Shop Now saw spending surge during Chinese National Day Holiday

SHANGHAI , Oct. 10, 2022 /PRNewswire/ -- Dada Group (NASDAQ: DADA)'s Dada Now is a leading local on-demand delivery platform in China, which has created massive job opportunities in recent years through its flexible employment model, playing an important role in stabilizing employment and fostering economic development. Based on research and survey conducted around the platform's riders and pickers, Dada Now released the "2022 Dada Now Flexible Employment Report" elaborating on these achievements.

Dada Now Created Job Opportunities for 3 Million Riders and 40,000 Pickers in Past Year

Bing FU, General Manager of Dada Now shared insights on on-demand delivery at the Intra-City Logistics Summit 2022, held by the China Federation of Logistics & Purchasing (CFLP). Since its launch in July 2021, Dada Now's open platform for autonomous delivery has supported deliveries of over 50,000 supermarket orders.

Dada Now's open platform for autonomous delivery honored at logistics summit

SHANGHAI , Sept. 15, 2022 /PRNewswire/ -- JD's first Shopping Festival of Agricultural Specialties kicked off on September 7.

JDDJ Teams Up with 150,000 Stores to Boost Sales of Agricultural Specialties

New benefits of Shop Now are added to JD.com's paid membership program JD PLUS. JD PLUS members can now receive coupons to use with payments for orders on Shop Now, and for utility bills as well.

JD PLUS now includes Shop Now benefits

Coupons worth 100 million yuan are ready for grabs on Dada Group's JDDJ during Shanghai's Double Five Shopping Festival, in an effort to boost consumption. Batches of digital vouchers are also being issued by the city to stimulate spending during the ongoing festival, with JDDJ designated as an official partner platform for using the vouchers.

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