We Think Dada Nexus (NASDAQ:DADA) Can Easily Afford To Drive Business Growth

Simply Wall StAug 24 09:53 ET

Express News | Dada Nexus Ltd : Mizuho Cuts Target Price to $4.5 From $5

ReutersAug 23 06:40 ET

Dada Nexus Rating Upped at Citi After Q2 Report

Seeking AlphaAug 21 12:41 ET

Dada Nexus Analyst Ratings

BenzingaAug 21 11:15 ET · Ratings

Dada Nexus (DADA.US) reported a net revenue of 2.35 billion yuan in the second quarter, with a year-on-year growth of 46.6% for Dada Now's net revenue.

On August 21st, Dada Nexus (DADA.US) announced the unaudited financial results for the second quarter of 2024. The total net revenue for the second quarter of 2024 was 2.35 billion yuan, compared to 2.597 billion yuan in the same period in 2023, a year-on-year decrease of 9.5%. The net loss for the second quarter of 2024 was 0.286 billion yuan, compared to 0.159 billion yuan in the same period in 2023. The basic and diluted net loss per ordinary share for the second quarter was 0.27 yuan, compared to 0.15 yuan in the second quarter of 2023. In terms of revenue, for the second quarter of 2024, JD.com's net revenue from instant delivery was 0.912 billion yuan, compared to last year.

Gelonghui FinanceAug 21 10:16 ET

Dada Nexus (DADA.US) announced the election of Qing Guo as the Chairman of the Board of Directors.

On August 21st, Dada Nexus (DADA.US) announced today that the board of directors has elected Guo Qing as a member of the board of directors and a member of the board of directors' remuneration committee. From August 20, 2024, he will take over as the chairman of the board of directors, replacing Shan Su. Shan Su will continue to serve as a member of the board of directors and the board of directors' nomination and corporate governance committee. After this change, the board of directors will consist of six members, three of whom are independent directors. In addition, Fu Bing has informed the board of directors that he will resign as interim president of the company on August 20, 2024, due to personal reasons. At the same time, the board of directors is actively evaluating the company's leadership structure to suit its needs.

Gelonghui FinanceAug 21 09:48 ET