Dada Announces Unaudited Second Quarter 2024 Financial Results
Dada Nexus Limited - American Depositary Shares (DADA)
Company Research
Source: GlobeNewswire
SHANGHAI, China, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Dada Nexus Limited (NASDAQ: DADA, “Dada”, the “Company”, or “we”), China’s leading local on-demand retail and delivery platform, today announced its unaudited financial results for the second quarter ended June 30, 2024. “I am grateful for the Board’s trust and honored to take on the responsibilities of Chairman. With the Board’s vision and leadership, we remain optimistic about the journey ahead of us in the on-demand retail and delivery industries,” said Mr. Kevin Qing Guo, Chairman of the Board of Dada. “In the second quarter of 2024, our focus on user experience and high-quality development continued to bear significant fruits. JD NOW1 recorded over 100% year-on-year growth in both monthly transacting users2 and orders through the JD App in the second quarter of 2024. Dada NOW3 booked revenue growth north of 50% year on year in the first half of 2024. Looking ahead, we will strive to further execute our high-quality growth stra
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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 Certain Management Changes [Yahoo! Finance]Yahoo! Finance
- 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