Dada Announces Unaudited Third Quarter 2024 Financial Results
Dada Nexus Limited - American Depositary Shares (DADA)
Company Research
Source: GlobeNewswire
SHANGHAI, China, Nov. 13, 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 third quarter ended September 30, 2024. “Our customer-centric high-quality growth strategy and effective execution delivered impressive results in the third quarter of 2024,” said Mr. Kevin Qing Guo, Chairman of the Board of Dada. “Driven by our commitment to providing quality products and instant delivery, JD NOW1 continued to build trust and mindshare among users. The year-on-year growth in both monthly transacting users2 and orders through the JD App maintained strong momentum, increasing by over 100% in the third quarter of 2024. Optimization to customer experience also fueled the growth in repeat purchase rate. For Dada NOW3, we continued to strengthen our partnerships with chain merchants and further enhanced delivery service quality, contribut
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News
- Dada Nexus Limited (NASDAQ: DADA) had its price target lowered by analysts at Citigroup Inc. from $2.00 to $1.90. They now have a "neutral" rating on the stock.MarketBeat
- Dada Nexus Ltd (DADA) Q3 2024 Earnings Call Highlights: Strong Growth in Dada NOW and Strategic ... [Yahoo! Finance]Yahoo! Finance
- Dada Announces Unaudited Third Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- Dada Nexus Limited (NASDAQ: DADA) had its price target lowered by analysts at Mizuho from $4.50 to $4.00. They now have an "outperform" rating on the stock.MarketBeat
- Dada to Announce Unaudited Third Quarter 2024 Financial Results on November 13, 2024GlobeNewswire
DADA
Sec Filings
- 12/6/24 - Form S-8
- 12/6/24 - Form 6-K
- 11/14/24 - Form 6-K
- DADA's page on the SEC website