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…
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…
JD.com Pays Big Premium for Majority Control of Dada Nexus
E-commerce giant said it has boosted its stake in the local delivery company to 52% from 46%, after getting regulatory approval for a deal first announced a year ago Key…
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…
JD’s Dada Puts More Stock in Grocery Basket
Company’s JDDJ e-commerce delivery service grows at twice the rate of its Dada Now general delivery service in fourth quarter By Doug Young E-commerce giant JD.com (Nasdaq: JD) has no…
