Dada NexusDADA
About: Dada Nexus provides on-demand retail platform services and fulfillment services to retailers to sell their products, and online advertising and marketing services to its customers such as brand owners or their agents. It also provides last-mile, intracity and intercity delivery services to logistics companies, merchants and individuals on the Dada Now platform. The group fulfills the delivery needs of retailers on JD Now and customers on Dada Now mostly by utilizing registered riders on Dada Now. Dada's average delivery time for on-demand intracity delivery orders was within 30 minutes in 2023, faster than traditional e-commerce where delivery can take days. As of Sept. 16, 2024, JD.com owned 63.2% of Dada Nexus. Dada Nexus competes with Meituan, Ele.me, Douyin, and SF Intra-city.
Employees: 2,376
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
40% more call options, than puts
Call options by funds: $302K | Put options by funds: $215K
7% more capital invested
Capital invested by funds: $44.3M [Q2] → $47.4M (+$3.15M) [Q3]
8% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 13
0% more funds holding in top 10
Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]
0.96% less ownership
Funds ownership: 3.32% [Q2] → 2.36% (-0.96%) [Q3]
2% less funds holding
Funds holding: 65 [Q2] → 64 (-1) [Q3]
33% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 21
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Citigroup Alicia Yap 49% 1-year accuracy 17 / 35 met price target | 43%upside $1.90 | Neutral Maintained | 15 Nov 2024 |
Mizuho James Lee 65% 1-year accuracy 20 / 31 met price target | 201%upside $4 | Outperform Maintained | 12 Nov 2024 |
Financial journalist opinion
