Dada Nexus Limited (DADA)

NASDAQ: DADA · IEX Real-Time Price · USD
6.73
-0.09 (-1.32%)
Aug 12, 2022 10:08 AM EDT - Market open
-1.32%
Market Cap 1.75B
Revenue (ttm) 1.13B
Net Income (ttm) -369.55M
Shares Out 260.28M
EPS (ttm) -1.48
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 96,721
Open 6.61
Previous Close 6.82
Day's Range 6.59 - 6.85
52-Week Range 5.00 - 26.90
Beta 0.78
Analysts Buy
Price Target 15.86 (+135.7%)
Earnings Date Sep 5, 2022

About DADA

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. [Read more...]

Industry Internet & Direct Marketing Retail
IPO Date Jun 5, 2020
Employees 3,132
Stock Exchange NASDAQ
Ticker Symbol DADA
Full Company Profile

Financial Performance

In 2021, Dada Nexus's revenue was 6.87 billion, an increase of 19.62% compared to the previous year's 5.74 billion. Losses were -2.47 billion, 44.9% more than in 2020.

Financial numbers in CNY Financial Statements

Analyst Forecast

According to 21 analysts, the average rating for DADA stock is "Buy." The 12-month stock price forecast is 15.86, which is an increase of 135.66% from the latest price.

Price Target
$15.86
(135.66% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Gift sales soar on JDDJ as the Qixi Festival arrives

Sales of flowers and makeup kits up 60% and 113% week-on-week, respectively. On-demand retail can be a "life saver" for those who are too busy, or just less prepared choosing a gift.

Over 80 out of top 100 supermarkets in China 2021 are accessible on JDDJ and Shop Now

About 50 supermarkets out of the top 100 are connected to Dada Group's Haibo system. China's brick-and-mortar retailers' online sales up 40% yoy in 2021, reflecting huge opportunities in online channels.

White Paper Released at CCFA Summit: How Business Thrives in On-Demand Retail

Paper provides an overview of on-demand retail's open platform model for the first time. A comprehensive practice guide with development path and successful cases, for retailers and brands who desire to...

Beat the Heat: Ice Cream Sales Surge on JDDJ and JD.com's Shop Now

SHANGHAI , July 19, 2022 /PRNewswire/ -- Dada Group (Nasdaq: DADA), China's leading local on-demand retail and delivery platform, released consumption data that reveals shopping trends in the middle of ...

Dada Publishes Its First ESG Report

SHANGHAI, China, June 30, 2022 (GLOBE NEWSWIRE) -- Dada Nexus Limited (“Dada” or the “Company”) (NASDAQ: DADA), China's leading local on-demand delivery and retail platform, today released its first ESG...

Happiness comes from technology: decoding Dada Group's innovation path in retail empowerment

SHANGHAI , June 22, 2022 /PRNewswire/ -- Dada Group (NASDAQ: DADA), China's leading local on-demand delivery and retail platform, celebrated its 8th anniversary on June 16 by launching a brand video dec...

Dada Group's 618 Grand Promotion: over RMB600 million recorded in peak-day sales

SHANGHAI , June 21, 2022 /PRNewswire/ -- Dada Group (Nasdaq: DADA), China's leading local on-demand delivery and retail platform, today announced its business highlights during the 618 Grand Promotion –...

JDDJ and JD.com's Shop Now launch 618 Grand Promotion on-demand consumption guide, revealing fun trends

On-demand consumption of soup ingredients up 187% yoy while gift boxes of tea leaves grew 369% year-on-year in Guangzhou. Hotpot ingredients sales saw surge of 86% yoy in Changsha.

Dada Group Releases White Paper Discussing Fulfillment for On-Demand Retail

Fulfillment essential to retailers' growth. Dada's on-demand fulfillment service system integrating 'warehousing-picking-delivery' capabilities exemplary in upgrading retailers' on-demand fulfillment pe...

Dada's first quarter 2022 updates: Q1 revenues up 74% YOY on comparable basis, net profit margin significantly improved

SHANGHAI , May 16, 2022 /PRNewswire/ -- Dada Nexus Limited (Dada Group, NASDAQ: DADA), China's leading local on-demand delivery and retail platform, today announced its unaudited financial results for t...

Dada Announces Unaudited First Quarter 2022 Financial Results

SHANGHAI, China, May 16, 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 ...

Why Earnings Season Could Be Great for Dada Nexus (DADA)

Dada Nexus (DADA) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Dada to Announce First Quarter 2022 Unaudited Financial Results on May 16, 2022

SHANGHAI, China, May 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 ...

Dada Provides Update on its Status under the Holding Foreign Companies Accountable Act

SHANGHAI, China, May 05, 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 the Comp...

Dada Files Annual Report on Form 20-F for Fiscal Year 2021

SHANGHAI, China, April 28, 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 fil...

Brands embrace on-demand retail with innovative marketing during Dada Group's 415 Shopping Festival

SHANGHAI , April 18, 2022 /PRNewswire/ -- The yearly "415 Intra-City Shopping Festival" (the "Festival"), an on-demand shopping spree initiated by JDDJ of Dada Group (Nasdaq: DADA), has become an effect...

Dada Group's autonomous delivery platform in action to improve 415 shopping festival fulfillments

SHANGHAI , April 12, 2022 /PRNewswire/ -- China's leading local on-demand delivery and retail platform, Dada Group (Nasdaq: DADA) ("Dada") launched in July 2021 an open platform dedicated to making auto...

On-demand Consumption Trend Report 2022 Reveals Key Consumer Preferences

SHANGHAI , April 8, 2022 /PRNewswire/ -- Shop Now, the new business jointly launched by JD.com and Dada Group (Nasdaq: DADA), and JD Super, JD.com's online supermarket business, released the "On-Demand ...

Dada Group to scale up 415 Shopping Festival with over 150,000 stores, autonomous delivery initiative, and more

SHANGHAI , April 7, 2022 /PRNewswire/ -- From April 8 to 17, the "415 Intra-City Shopping Festival" (the Festival) will be jointly launched on Dada Group's (Nasdaq: DADA) JDDJ and "Shop Now". For the fi...

Dada's JDDJ in action to guarantee medical supply and online health consultation with pharmaceutical partners

SHANGHAI, April 2, 2022 /PRNewswire/ -- As a number of cities in China are ramping up anti-epidemic measures, more consumers rely on online-to-offline services to purchase much-needed medications. JDDJ,...

Dada mobilizes unmanned delivery platform in Shanghai for contactless delivery

SHANGHAI, April 1, 2022 /PRNewswire/ -- Amid the current epidemic resurgence, citizens' booming online orders of daily necessities have posed a challenge to deliverers' capacity. To tackle the issues co...

Dada Group, Cheerwin and Liby join forces to donate anti-COVID supplies

SHANGHAI, March 30, 2022 /PRNewswire/ -- Dada Group (Nasdaq: DADA), China's leading local on-demand delivery and retail platform, together with Cheerwin Group and Liby Group, announced today a joint don...

Dada Group Provides COVID Self-Test Kits Online, Guaranteeing Supply During New Waves of Pandemic

SHANGHAI, March 16, 2022 /PRNewswire/ -- In the face of new waves of COVID infections, Dada Group (Nasdaq: DADA)'s JDDJ, China's largest local on-demand retail platform, will start booking COVID antigen...

Dada Announces up to US$70 Million Share Repurchase Program

SHANGHAI, China, March 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 the bo...

Why Dada Nexus Stock Blasted 26% Higher Today

When adjusted for a change in its driver payment regime, the food-delivery company is showing torrid top-line growth.