Dada Delivers Big Returns as U.S. Investors Return to China Stocks
The local delivery company’s shares have nearly doubled this week, joining a small but growing group of U.S.-listed China stocks that are regaining investor favorKey Takeaways:Dada Group’s shares nearly doubled…
Dingdong Sticks to Profit Delivery Promise by Year End
The online grocer trimmed its non-GAAP net loss by 86% in the third quarter, but also reported its first-ever revenue decline as it focused on cost controls and higher-margin productsKey…
As Omicron Subsides, Dada Nexus Could Be Riding Into E-Commerce Gilded Era
The company should benefit from growing demand for local delivery services as consumers become accustomed to receiving goods at home during Covid-19 lockdowns Key takeaways: • Dada Nexus’ revenue grew…
Dada’s Record ‘Single’s Day’ Performance Fails to Hide Yawning Losses
Company reported its loss widened to 543 million yuan in the third quarter, following record sales and deliveries on China’s top shopping festival earlier in November Key Takeaways: Dada’s net…
Delivery Specialist Dada Nexus Finds Growing Comfort in JD Ties
Company’s latest results reflect its growing reliance on local grocery delivery business with its majority shareholder Key takeaways: The latest signals from Dada Nexus show it’s tying its fortunes more…
