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 2021

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Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Dada Nexus reports robust Q1 performance, eyes growth opportunities

Dada Nexus (DADA) showcased strong financial and operational performance in Q1 2023, driven by revenue growth and margin improvement.
The company's strategic partnerships, focus on key categories, and expansion of delivery services position it well for future growth.
While challenges like achieving profitability persist, Dada Nexus has opportunities to capitalize on market trends, enhance customer engagement, and drive further expansion.

Dada Nexus achieves positive net income, eyes sustainable growth strategies

Dada Nexus delivered strong financial results, marked by revenue growth and positive adjusted net income, underpinned by operational enhancements and strategic initiatives.
The company's focus on profitability, brand building, and partnerships positions it well for sustained growth and value creation in the competitive on-demand delivery market.
While facing challenges in unit economics and macro conditions, Dada Nexus remains optimistic about its long-term prospects, emphasizing margin improvement and growth strategies.

Dada Nexus reports robust Q3 earnings, eyes growth amid challenges

Dada Nexus delivered a strong performance in Q3 2023, with notable revenue growth and operational achievements, underpinned by strategic partnerships and category expansion.
While facing challenges such as increased costs and net losses, the company maintains financial stability and resilience, with opportunities to drive further growth and profitability.
With a positive outlook for Q4 2023 and a focus on cost management, Dada Nexus is well-positioned to leverage opportunities and navigate challenges for sustained success.

Dada Nexus reports revenue growth and operational expansion in 2023

Dada Nexus showed improved financial performance in Q4 2023 and full year 2023, with revenue growth and narrowing net losses.
Operational highlights and strategic initiatives indicate the company's focus on efficiency, expansion, and market positioning.
While facing challenges in financial reporting accuracy and profitability, Dada Nexus has opportunities to capitalize on market growth and enhance shareholder value.

Dada Nexus reports robust Q1 revenue growth and strategic focus

Dada Nexus (DADA) showcased strong revenue performance and operational improvements in Q1 2024.
While facing a net loss, the company's strategic focus on user experience and growth initiatives bodes well for the future.
Challenges include cost management and competitive pressures, but opportunities for expansion and synergy-driven growth are evident.
Overall, Dada Nexus is poised for growth with a strategic roadmap emphasizing user experience and operational efficiency.

Dada Nexus reports robust Q2 growth amidst profitability challenges

Dada Nexus delivered strong Q2 results, focusing on high-quality growth and user experience
Challenges include profitability concerns, competition, and managing growth effectively
Opportunities exist in leveraging platform synergies, meeting consumer demand, and strategic partnerships

Dada Nexus reports strong Q3 performance, eyes growth opportunities

Dada Nexus (DADA) demonstrated robust performance with strong revenue growth and user expansion.
While facing challenges in profitability, the company's strategic focus on user retention and service quality is a key strength.
Opportunities for growth exist in expanding services, enhancing partnerships, and capitalizing on market demand.

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

JD.com

BEIJING, Oct. 12, 2021 /PRNewswire/ -- Dada Group (Nasdaq: DADA), China's leading local on-demand delivery and retail platform, and JD.com (Nasdaq: JD and HKEX:9618) today announced that they jointly launched "Shop Now", the JD Xiaoshigou, a jointly built new business dedicated for JD's on-demand consumer retail section. Shop Now delivers on the model of "order online, delivery from store, within one hour" and will accelerate Dada Group's and JD's omni-channel operation in the on-demand retail space.

Dada Group and JD.com accelerate omni-channel operation with launch of "Shop Now"

SHANGHAI, Oct. 8, 2021 /PRNewswire/ -- Dada Group (Nasdaq: DADA), China's leading local on-demand delivery and retail platform, is pleased to announce that Dada Now launched the "Dada Now 927 Rider Festival" in over 500 cities of China. Riders can attend a series of online and offline activities, including presents giving, safety training, online lottery and discounts for delivery equipment.

Dada Now Rider Festival: Enhanced Rider Caring and Improved Rider Delivery Experience

Dell Technologies

BEIJING, Sept. 28, 2021 /PRNewswire/ -- Dell Technologies (NYSE: DELL), JD Group (NASDAQ: JD and HKEX: 9618), and Dada Group (NASDAQ: DADA), announced that they will strengthen their partnership in promoting the digital transformation of physical stores, creating an innovative omni-channel retail growth model and one-hour living circle, or services ecosystem, for digital products.

More Than 200 Dell Stores Launch on JD.com and Dada Group's JDDJ

The stock price of Dada Group (Nasdaq: DADA) increased by over 6% during intraday trading today. This is why it happened.

DADA Stock: Why It Increased Today

SHANGHAI, Sept. 23, 2021 /PRNewswire/ -- Dada Group (Nasdaq: DADA), China's leading local on-demand delivery and retail platform, today announced that JD Daojia (JDDJ), Dada's on-demand retail platform, hosted the first "JD Daojia Brand Partner Conference" in Shanghai.

JD Daojia Brand Partner Conference: Empowers Brands with On-Demand Retail Solutions Building Omnichannel Excellence

Morgan Stanley analyst Wei Fang upgraded Dada Nexus Ltd (NASDAQ:DADA) to Overweight from Equal Weight with a price target of $31.60, down from $35, still implying a 54.2% upside. Fang cited improving operating metrics and a less intense competitive environment behind the recommendation.

Why This Analyst Sees 54.2% Upside In Dada Nexus Despite PT Cut?

SHANGHAI, Sept. 22, 2021 /PRNewswire/ -- Dada Group (Nasdaq: DADA), China's leading local on-demand delivery and retail platform, is pleased to announce that its Dada Haibo omni-channel online retail operating system was awarded the 2021 Best Practice Case of Retail Digital Transformation and Technology Application by China Chain Store & Franchise Association (CCFA).

Dada Haibo System Awarded Best Practice Case of Retail Technology Innovation

Reporting a financially solid three-month period, Dada also announced a few tech updates. Even though the company experienced massive revenue growth in Q2, the spending on market expansion has kept the net profit margin at low levels.

Dada Nexus Beats Q2 2021 Earnings Estimates, Growth Accelerates

On-demand delivery and retail platform Dada Nexus Ltd (NASDAQ: DADA) announced the launch of its open digital logistics platform, Dada Smart Delivery SaaS System. The platform is based on Dada Now's Smart Logistics System and Big Data Platform, providing integrated delivery solutions, including operation platform, merchant, and rider application.

Dada Nexus Launches Smart Delivery SaaS System

SHANGHAI, Sept. 16, 2021 /PRNewswire/ -- Dada Group (Nasdaq: DADA) ("DADA"), China's leading local on-demand delivery and retail platform, today announced the launch of its open digital logistics platform, Dada Smart Delivery SaaS System.

Dada Group Launches Smart Delivery SaaS System to accelerate delivery digitalization

News of a fresh partnership deal juiced the Chinese company's shares.

Why Dada Nexus Zoomed Nearly 12% Higher Today

Dada Nexus (NASDAQ:DADA) shares are trading higher after the company's JDDJ and Perfect Diary announced a plan to rollout one-hour delivery services. Dada Nexus' stock has been rising Wednesday, up 11.79% to a price of $21.81.

Why Dada Nexus Shares Are Trading Higher Today

Yatsen Holding

SHANGHAI, Sept. 15, 2021 /PRNewswire/ -- Dada Group (Nasdaq: DADA), China's leading local on-demand retail and delivery platform, is pleased to announce that JD Daojia (JDDJ) and Perfect Diary, one of the top color cosmetics brands in China under Yatsen Holding Limited (NYSE: YSG), have entered into a partnership to promote the digital transformation of physical stores and provide Chinese consumers with convenient one-hour shopping services of popular Chinese brand cosmetics products.

JDDJ and Perfect Diary Roll out One-hour Delivery Services to Promote Trendy Chinese Cosmetics

Dada Nexus Ltd (NASDAQ: DADA) reported second-quarter FY21 sales growth of 11.5% year-on-year, to RMB1.5 billion. The total Gross Merchandise Volume (GMV) of the JDDJ platform for the twelve months ended June 30, 2021, was RMB32.3 billion, an increase of 76.7% Y/Y.

Dada Nexus Stock Slides After Q2 Results; Loss Widens

Dada Nexus Limited (DADA) CEO Philip Kuai on Q2 2021 Results - Earnings Call Transcript

SHANGHAI, China, Sept. 07, 2021 (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 second quarter ended June 30, 2021.

Dada Announces Unaudited Second Quarter 2021 Financial Results

Dada Nexus Limited Sponsored ADR (DADA) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Strength Seen in Dada Nexus Limited Sponsored ADR (DADA): Can Its 6.9% Jump Turn into More Strength?

SHANGHAI, Sept. 1, 2021 /PRNewswire/ -- Dada Group (NASDAQ: DADA) ("Dada"), China's leading local on-demand delivery and retail platform, and JD.com, a leading supply chain-based technology and service provider, as well as ASUS, the leading IT company in servers and workstations, today announced the forming of a partnership with a focus on digital transformation of offline stores to improve fulfillment efficiency and one-hour shopping experience for laptops and computer accessories.

Laptops Delivered in One Hour: Over 150 ASUS Stores Launch on JD.com and Dada's JDDJ

SHANGHAI, China, Aug. 31, 2021 (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 second quarter ended June 30, 2021, on Tuesday, September 7, 2021, after the close of U.S. markets.

Dada to Announce Second Quarter 2021 Unaudited Financial Results on September 7, 2021

SHANGHAI, Aug. 26, 2021 /PRNewswire/ -- Dada Group (Nasdaq: DADA) ("Dada"), China's leading local on-demand delivery and retail platform, is pleased to announce that its Dada Haibo omni-channel online retail operating system newly partners with several Top 100 supermarket chains in China, including Sofly Supermarket, Da Zhang Supermarket, and Hui You Supermarket. As of this August, the system has established partnerships with more than 120 large and medium-sized supermarket chains, with over 4,300 retailer stores adopting.

Dada Haibo System Adopted in More Than 4300 Retailer Stores

Chinese on-demand delivery and retail platform Dada Nexus Ltd (NASDAQ:DADA) is partnering with Charoen Pokphand Group (CP Group)'s Retail Business Division to provide omnichannel on-demand delivery services. Dada will provide services for CP Group's CP Lotus, a leading supermarket chain, and CP Fresh Mart, a community-based supermarket in China.

Dada Nexus Partners With CP Group For On-Demand Delivery Services

SHANGHAI, Aug. 20, 2021 /PRNewswire/ -- Dada Group (Nasdaq: DADA), China's leading local on-demand delivery and retail platform, and Charoen Pokphand Group (CP Group)'s Retail Business Division, today announced a partnership to provide omni-channel on-demand delivery services for CP Group's CP Lotus, a leading supermarket chain, and CP Fresh Mart, a community-based supermarket in China. CP Group is one of the world's most influential multinational company operating by ethnic Chinese.

Dada Group and CP Group Retail Division Partner to Provide Omni-channel On-demand Delivery Services for CP Lotus and CP Fresh Mart

SHANGHAI, Aug. 17, 2021 /PRNewswire/ -- Dada Group (Nasdaq: DADA), China's leading local on-demand delivery and retail platform, is pleased to announce that JDDJ Data Research Institute released the Report on On-demand Consumption Trend of Snack Food. Based on JDDJ's big data, O2O experience, and close partnership with PepsiCo Food, the Report provides the first-hand data-driven observations and insights into the latest on-demand economy trends of snack food in China.

Dada Group's JDDJ Releases Report: On-demand Consumption of Snack Food

Dada Nexus Ltd's (NASDAQ: DADA) JD Daojia (JDDJ) is partnering with Sephora China , a beauty retailer under LVMH Moet Hennessy Louis Vuitton SE (OTC: LVMHF), to provide consumers with convenient one-hour shopping services. The financial terms of the deal were not disclosed.

Dada Nexus Partners With Sephora China For Cosmetics Products Delivery

SHANGHAI, Aug. 12, 2021 /PRNewswire/ -- Dada Group (Nasdaq: DADA), China's leading local on-demand delivery and retail platform, today announced that JD Daojia (JDDJ) and Sephora China, the world's leading beauty retailer under LVMH, have established a close partnership to provide more consumers with convenient one-hour shopping services. The move marks a new milestone for JDDJ in further expanding reach beyond grocery to provide consumers with more high-quality beauty products.

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