D

Dada Nexus Limited

D
DADA
USD
0.155
(9.3093%)
Market Closed
57,470.00
Volume
-0.12
EPS
-
Div Yield
-1.649528
P/E
472,844,968.96
Market Cap
Today
8.3333%
1 Week
9.309%
1 Month
-26.908%
6 Months
-8.543%
12 Months
-54.613%
Year To Date
-45.015%
All Time
0%

Title:
Dada Nexus Limited

Sector:
Consumer Cyclical
Industry:
Internet Retail
Dada Nexus is a leading crowdsourced delivery service in China. The company has two core businesses, Dada Now, which is an on-demand delivery platform that provides last-mile and intracity services; and JD Daojia, or JDDJ, which is an online on-demand retail platform that connects consumers to merchants with its delivery capabilities. As of 2022, Dada Now accounted for 34% of revenue while JDDJ accounted for the rest. JDDJ and Dada Nexus merged in 2016, where JD.com received47.4% ownership of the merged entity in exchange for its JDDJ business. As of June 2023, JD.com and Walmart Inc own 53.9% and 9.3% of Dada Nexus, respectively. Dada Nexus competes with other logistics companies such as SF Intra-City, with Didi in its delivery business, and with Meituan in its on-demand retail segment.
Do you need help or have a question?