Dada Announces Certain Management Changes [Yahoo! Finance]
Dada Nexus Limited - American Depositary Shares (DADA)
Company Research
Source: Yahoo! Finance
and delivery platform, today announced that the board of directors (the “Board”) has elected Mr. Kevin Qing Guo to become a director and a member of the compensation committee of the Board and succeed Mr. Ian Su Shan as the chairman of the Board, effective August 20, 2024. Mr. Ian Su Shan will continue to serve as a director of the Company and a member of the nominating and corporate governance committee of the Board. After the change, the Board will consist of six members, three of whom are independent directors. In addition, Mr. Bing Fu has notified the Board of his resignation as the Interim President of the Company for personal reasons, effective August 20, 2024. Meanwhile, the board of directors is actively evaluating the Company's leadership composition in light of the Company's long-term development plans. Mr. Kevin Qing Guo has served as a consultant to JD.com, Inc. (“JD.com”) and a consultant to Dada since April 2024. He is a co-founder of Robot-X Holdings Limited (“Robot-X
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DADA
News
- Dada Nexus Limited (NASDAQ: DADA) was upgraded by analysts at Daiwa America to a "hold" rating.MarketBeat
- Dada Nexus Limited (NASDAQ: DADA) is now covered by analysts at Daiwa Capital Markets. They set a "neutral" rating on the stock.MarketBeat
- Dada Nexus Limited (NASDAQ: DADA) was upgraded by analysts at Citigroup Inc. from a "sell" rating to a "neutral" rating. They now have a $1.50 price target on the stock, up previously from $1.00.MarketBeat
- Dada Announces Unaudited Second Quarter 2024 Financial ResultsGlobeNewswire
- Dada Announces Certain Management ChangesGlobeNewswire
DADA
Sec Filings
- 9/16/24 - Form 6-K
- 9/16/24 - Form SC
- 9/16/24 - Form SC
- DADA's page on the SEC website