| Dada to Hold Extraordinary General Meeting of Shareholders |
SHANGHAI, China, May 08, 2025 (GLOBE NEWSWIRE) -- Dada Nexus Limited (NASDAQ: DADA, “Dada” or the “Company”), China's leading local on-demand retail and delivery platform, today announced that it has called an extraordinary general meeting of shareholders (the “EGM”), to be held on June 10, 2025 at 10 a.m. (Beijing time) at No. 76 Zhichun Road, Haidian District, Beijing, People's Republic of China, to consider and vote on, among other matters, the proposal to authorize and approve the previously announced Agreement and Plan of Merger (the “Merger Agreement”) dated April 1, 2025 by and between the Company, JD Sunflower Investment Limited (“Parent”) and JD Sunflower Merger Sub Limited, a wholly owned subsidiary of Parent (“Merger Sub”), the plan of merger required to be filed with the Registrar of Companies of the Cayman Islands (the “Plan of Merger”) and the transactions contemplated thereby, including the merger. |
globenewswire.com |
2025-05-08 11:26:00 |
Czytaj oryginał (ang.) |
| $HAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of Dada Nexus Limited - DADA |
NEW YORK , April 15, 2025 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Dada Nexus Limited (NASDAQ: DADA ), relating to the proposed merger with JD Sunflower Investment Limited. |
prnewswire.com |
2025-04-16 00:45:00 |
Czytaj oryginał (ang.) |
| Dada Files Annual Report on Form 20-F for Fiscal Year 2024 |
SHANGHAI, China, April 14, 2025 (GLOBE NEWSWIRE) -- Dada Nexus Limited (“Dada” or the “Company”) (NASDAQ: DADA), China's leading local on-demand retail and delivery platform, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the U.S. Securities and Exchange Commission (“SEC”) on April 14, 2025. The annual report can be accessed on the Company's investor relations website at https://ir.imdada.cn/ as well as the SEC's website at http://www.sec.gov. |
globenewswire.com |
2025-04-14 10:42:00 |
Czytaj oryginał (ang.) |
| DADA Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Dada Nexus Limited Is Fair to Shareholders |
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Dada Nexus Limited (NASDAQ: DADA) to JD Sunflower Investment Limited for $2.00 per American Depository Share is fair to Dada shareholders. Halper Sadeh encourages Dada shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns wh. |
businesswire.com |
2025-04-07 15:57:00 |
Czytaj oryginał (ang.) |
| Dada Enters into Definitive Agreement for “Going Private” Transaction |
SHANGHAI, China, April 01, 2025 (GLOBE NEWSWIRE) -- Dada Nexus Limited (NASDAQ: DADA, “Dada” or the “Company”), China's leading local on-demand retail and delivery platform, today announced that it has entered into an Agreement and Plan of Merger (the “Merger Agreement”) with JD Sunflower Investment Limited, a British Virgin Islands company (“Parent”) and JD Sunflower Merger Sub Limited, a Cayman Islands company and a wholly owned subsidiary of Parent (“Merger Sub”). Pursuant to the Merger Agreement, Merger Sub will merge with and into the Company, with the Company continuing as the surviving company and becoming a wholly owned subsidiary of Parent (the “Merger”). Parent is wholly owned by JD.com, Inc. (“JD”). |
globenewswire.com |
2025-04-01 11:51:00 |
Czytaj oryginał (ang.) |
| Dada Announces Unaudited Fourth Quarter and Fiscal Year 2024 Financial Results |
SHANGHAI, China, March 05, 2025 (GLOBE NEWSWIRE) -- Dada Nexus Limited (NASDAQ: DADA, “Dada”, the “Company”, or “we”), China's leading local on-demand retail and delivery platform, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2024. |
globenewswire.com |
2025-03-05 19:00:00 |
Czytaj oryginał (ang.) |
| Dada Announces Appointment of Financial Advisor and Legal Counsel to the Special Committee |
SHANGHAI, China, Feb. 14, 2025 (GLOBE NEWSWIRE) -- Dada Nexus Limited (NASDAQ: DADA, “Dada” or the “Company”), China's leading local on-demand retail and delivery platform, today announced that the independent special committee (the “Special Committee”) of the Company's board of directors (the “Board”), formed to evaluate and consider the previously announced preliminary non-binding proposal letter dated on January 25, 2025 (the “Proposal”), has retained Kroll, LLC as its financial advisor and Gibson, Dunn & Crutcher LLP as its U.S. legal counsel. |
globenewswire.com |
2025-02-14 19:00:00 |
Czytaj oryginał (ang.) |
| S&P 500 Falls Over 100 Points; Dada Nexus Shares Spike Higher |
U.S. stocks traded mixed toward the end of trading, with the S&P 500 falling over 100 points on Monday. |
benzinga.com |
2025-01-27 15:56:52 |
Czytaj oryginał (ang.) |
| Why Dada Nexus Stock Popped Today |
Shares of Dada Nexus (DADA 27.66%) were soaring today on news that JD.com (JD -0.44%) had proposed acquiring all of its outstanding shares for $2 per American Depositary Share. |
fool.com |
2025-01-27 14:53:01 |
Czytaj oryginał (ang.) |
| Dada Announces Receipt of a Preliminary Non-Binding Proposal to Acquire the Company |
SHANGHAI, China, Jan. 27, 2025 (GLOBE NEWSWIRE) -- Dada Nexus Limited (NASDAQ: DADA, “Dada” or the “Company”), China's leading local on-demand retail and delivery platform, today announced that its board of directors (the “Board”) has received a preliminary non-binding proposal letter (the “Proposal Letter”), dated January 25, 2025, from JD.com, Inc. (“JD” or the “Buyer”), to acquire all of the outstanding ordinary shares of the Company (the “Ordinary Shares”), including the Ordinary Shares represented by the American Depositary Shares of the Company (the “ADSs”, each representing four Ordinary Shares), that are not already beneficially owned by the Buyer for a proposed purchase price of US$2.0 per ADS, or US$0.5 per Ordinary Share, in cash (the “Proposed Transaction”). The proposed price represents a premium of approximately 42% to the closing price on the most recent trading day prior to the date of the Proposal Letter. A copy of the Proposal Letter is attached hereto as Exhibit A. |
globenewswire.com |
2025-01-27 08:10:00 |
Czytaj oryginał (ang.) |
| The Rosen Law Firm, P.A. Announces Proposed Class Action Settlement on Behalf of Purchasers of Dada Nexus Limited American Depositary Shares - DADA |
LOS ANGELES, Dec. 30, 2024 (GLOBE NEWSWIRE) -- The Rosen Law Firm, P.A. announces that the United States District Court for the Central District of California has approved the following announcement of a proposed class action settlement that would benefit purchasers of Dada Nexus Limited American Depositary Shares (NASDAQ: DADA): |
globenewswire.com |
2024-12-30 11:00:00 |
Czytaj oryginał (ang.) |
| Dada Nexus Limited (DADA) Q3 2024 Earnings Call Transcript |
Dada Nexus Limited (NASDAQ:DADA ) Q3 2024 Earnings Conference Call November 13, 2024 8:30 PM ET Company Participants Caroline Dong - Head of Investor Relations Henry Jun Mao - Chief Financial Officer Conference Call Participants Thomas Chong - Jefferies LLC Alicia Yap - Citigroup Inc. Operator Good morning, ladies and gentlemen, and thank you for standing by for Dada's Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. |
seekingalpha.com |
2024-11-14 01:28:37 |
Czytaj oryginał (ang.) |
| Dada Announces Unaudited Third Quarter 2024 Financial Results |
SHANGHAI, China, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Dada Nexus Limited (NASDAQ: DADA, “Dada”, the “Company”, or “we”), China's leading local on-demand retail and delivery platform, today announced its unaudited financial results for the third quarter ended September 30, 2024. |
globenewswire.com |
2024-11-13 19:00:00 |
Czytaj oryginał (ang.) |
| Dada to Announce Unaudited Third Quarter 2024 Financial Results on November 13, 2024 |
SHANGHAI, China, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Dada Nexus Limited (NASDAQ: DADA, “Dada” or the “Company”), China's leading local on-demand retail and delivery platform, today announced that it will release its unaudited financial results for the third quarter ended September 30, 2024, on Wednesday, November 13, 2024, after the close of U.S. markets. |
globenewswire.com |
2024-11-05 07:11:00 |
Czytaj oryginał (ang.) |
| Why Dada Nexus Stock Was Gaining Again Today |
Monday was the best day for Chinese stock indexes since 2008. Dada's fortunes are closely tied to JD.com, which has struggled of late. |
fool.com |
2024-09-30 19:25:58 |
Czytaj oryginał (ang.) |
| Why Chinese Stocks Like XPeng and Dada Nexus Were on Fire Today |
A new economic stimulus plan was unveiled in their home market of China. This sprawling package will affect nearly every part of the domestic economy. |
fool.com |
2024-09-24 21:50:00 |
Czytaj oryginał (ang.) |
| Why Dada Nexus Stock Rocketed Almost 22% Higher on Tuesday |
Its majority owner now has even more of a majority. This followed a large share sale by that strategic investor. |
fool.com |
2024-09-17 21:55:00 |
Czytaj oryginał (ang.) |
| Dada Nexus Limited (DADA) Q2 2024 Earnings Call Transcript |
Dada Nexus Limited (NASDAQ:DADA ) Q2 2024 Earnings Conference Call August 20, 2024 9:30 PM ET Company Participants Caroline Dong - Head of Investor Relations Henry Jun Mao - Chief Financial Officer Conference Call Participants Thomas Chong - Jefferies Alicia Yap - Citigroup Jiulu Li - CICC Operator Good morning, ladies and gentlemen and thank you for standing by for Dada's Second Quarter 2024 Earnings Conference Call. At this time, all participants are in listen-only mode. |
seekingalpha.com |
2024-08-21 08:13:08 |
Czytaj oryginał (ang.) |
| Dada Announces Unaudited Second Quarter 2024 Financial Results |
SHANGHAI, China, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Dada Nexus Limited (NASDAQ: DADA, “Dada”, the “Company”, or “we”), China's leading local on-demand retail and delivery platform, today announced its unaudited financial results for the second quarter ended June 30, 2024. |
globenewswire.com |
2024-08-20 22:00:00 |
Czytaj oryginał (ang.) |
| Dada Announces Certain Management Changes |
SHANGHAI, China, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Dada Nexus Limited (NASDAQ: DADA, “Dada” or the “Company”), China's leading local on-demand retail and delivery platform, today announced that the board of directors (the “Board”) has elected Mr. Kevin Qing Guo to become a director and a member of the compensation committee of the Board and succeed Mr. Ian Su Shan as the chairman of the Board, effective August 20, 2024. Mr. Ian Su Shan will continue to serve as a director of the Company and a member of the nominating and corporate governance committee of the Board. After the change, the Board will consist of six members, three of whom are independent directors. In addition, Mr. Bing Fu has notified the Board of his resignation as the Interim President of the Company for personal reasons, effective August 20, 2024. Meanwhile, the board of directors is actively evaluating the Company's leadership composition in light of the Company's long-term development plans. |
globenewswire.com |
2024-08-20 21:55:00 |
Czytaj oryginał (ang.) |
| Dada to Announce Unaudited Second Quarter 2024 Financial Results on August 20, 2024 |
SHANGHAI, China, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Dada Nexus Limited (NASDAQ: DADA, “Dada” or the “Company”), China's leading local on-demand retail and delivery platform, today announced that it will release its unaudited financial results for the second quarter ended June 30, 2024, on Tuesday, August 20, 2024, after the close of U.S. markets. |
globenewswire.com |
2024-08-14 11:14:00 |
Czytaj oryginał (ang.) |
| Dada Nexus: An Overlooked Middleman In China's Digital Retail Revolution |
The potential fraud case resulting in negative sentiment allows for a great entry price in this innovative business. Their cooperation with the JD Group positions them strategically in JD's ecosystem. Dada's tactical position as a middleman in the digitalization of retailers makes them a scalable business with great potential. |
seekingalpha.com |
2024-06-15 07:29:25 |
Czytaj oryginał (ang.) |
| Dada Publishes 2023 ESG Report |
SHANGHAI, May 30, 2024 (GLOBE NEWSWIRE) -- Dada Nexus Limited (NASDAQ: DADA, “Dada”, the “Company”, or “we”), China's leading local on-demand retail and delivery platform, today released its 2023 ESG report, sharing progress and demonstrating its commitment to creating a more sustainable future. The report details Dada's key initiatives and development in ESG efforts surrounding shareholders, users, partners, employees, riders, and community. |
globenewswire.com |
2024-05-30 10:15:00 |
Czytaj oryginał (ang.) |
| Head to Head Comparison: Dada Nexus (NASDAQ:DADA) versus Weibo (NASDAQ:WB) |
Weibo (NASDAQ:WB – Get Free Report) and Dada Nexus (NASDAQ:DADA – Get Free Report) are both computer and technology companies, but which is the better stock? We will contrast the two companies based on the strength of their analyst recommendations, institutional ownership, valuation, profitability, risk, earnings and dividends. Profitability This table compares Weibo and Dada Nexus’ net margins, return on equity and return on assets. Net Margins Return on Equity Return on Assets Weibo 19.47% 10.77% 5.11% Dada Nexus -22.77% -14.03% -10.95% Institutional & Insider Ownership 68.8% of Weibo shares are held by institutional investors. Comparatively, 59.3% of Dada Nexus shares are held by institutional investors. 41.3% of Weibo shares are held by insiders. Comparatively, 8.5% of Dada Nexus shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth. Volatility and Risk Weibo has a beta of 0.4, indicating that its share price is 60% less volatile than the S&P 500. Comparatively, Dada Nexus has a beta of 1.46, indicating that its share price is 46% more volatile than the S&P 500. Analyst Recommendations This is a breakdown of recent ratings and recommmendations for Weibo and Dada Nexus, as reported by MarketBeat.com. Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Weibo 2 3 2 0 2.00 Dada Nexus 1 4 2 0 2.14 Weibo currently has a consensus price target of $11.65, suggesting a potential upside of 20.60%. Dada Nexus has a consensus price target of $3.83, suggesting a potential upside of 98.45%. Given Dada Nexus’ stronger consensus rating and higher possible upside, analysts clearly believe Dada Nexus is more favorable than Weibo. Valuation and Earnings This table compares Weibo and Dada Nexus’ revenue, earnings per share (EPS) and valuation. Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Weibo $1.76 billion 1.29 $342.60 million $1.42 6.80 Dada Nexus $1.49 billion 0.34 -$275.71 million ($1.28) -1.51 Weibo has higher revenue and earnings than Dada Nexus. Dada Nexus is trading at a lower price-to-earnings ratio than Weibo, indicating that it is currently the more affordable of the two stocks. Summary Weibo beats Dada Nexus on 10 of the 13 factors compared between the two stocks. About Weibo (Get Free Report) Weibo Corporation, through its subsidiaries, operates as a social media platform for people to create, distribute, and discover content in the People's Republic of China. It operates in two segments, Advertising and Marketing Services; and Value-Added Services. The company offers discovery products to help users discover content on its platform; self-expression products that enable its users to express themselves on its platform; and social products to promote social interaction between users on its platform. It also provides advertising and marketing solutions, such as social display advertisements; and promoted marketing offerings, such as Fans Headline and Weibo Express promoted feeds, as well as promoted trends and search products that appear alongside user's trends discovery and search behaviors. In addition, the company offers products, such as trends, search, video/live streaming, and editing tools; content customization, copyright contents pooling, and user interaction development; and search list recommendation, trends list recommendation, and Weibo app opening advertisements. Further, it provides back-end management, traffic support, and product solutions to MCNs, unions, and e-commerce partners; open application platform for other app developers that allows users to log into third-party applications with their Weibo account for sharing third-party content on its platform; and Weibo Wallet, a product that enables platform partners to conduct interest generation activities on Weibo, such as handing out red envelops and coupons. The company was formerly known as T.CN Corporation and changed its name to Weibo Corporation in 2012. The company was founded in 2009 and is headquartered in Beijing, China. Weibo Corporation operates as a subsidiary of Sina Corporation. About Dada Nexus (Get Free Report) Dada Nexus Limited operates a platform of local on-demand retail and delivery in the People's Republic of China. It operates Dada Now, a local on-demand delivery platform that provides intra-city delivery and last-mile delivery services on an on-demand basis to chain merchants, small- and medium-sized enterprise merchants, and individual senders; and JDDJ, a local on-demand retail platforms for consumers, retailers, and brand owners. The company was incorporated in 2014 and is headquartered in Shanghai, China. |
https://www.defenseworld.net |
2024-05-20 05:03:06 |
Czytaj oryginał (ang.) |
| Dada Nexus Limited (DADA) Q1 2024 Earnings Call Transcript |
Dada Nexus Limited (NASDAQ:DADA ) Q1 2024 Earnings Conference Call May 15, 2024 9:30 PM ET Company Participants Caroline Dong - Head of Investor Relations Bing Fu - Interim President Henry Jun Mao - Chief Financial Officer Conference Call Participants Thomas Chong - Jefferies Lei Zhang - Bank of America Operator Good morning, ladies and gentlemen, and thank you for standing by for Dada's First Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. |
seekingalpha.com |
2024-05-16 06:28:08 |
Czytaj oryginał (ang.) |
| Dada Announces Unaudited First Quarter 2024 Financial Results |
SHANGHAI, China, May 15, 2024 (GLOBE NEWSWIRE) -- Dada Nexus Limited (NASDAQ: DADA, “Dada”, the “Company”, or “we”), China's leading local on-demand retail and delivery platform, today announced its unaudited financial results for the first quarter ended March 31, 2024. |
globenewswire.com |
2024-05-15 22:00:00 |
Czytaj oryginał (ang.) |
| Dada to Announce Unaudited First Quarter 2024 Financial Results on May 15, 2024 |
SHANGHAI, China, May 10, 2024 (GLOBE NEWSWIRE) -- Dada Nexus Limited (NASDAQ: DADA, “Dada” or the “Company”), China's leading local on-demand retail and delivery platform, today announced that it will release its unaudited financial results for the first quarter ended March 31, 2024, on Wednesday, May 15, 2024, after the close of U.S. markets. |
globenewswire.com |
2024-05-10 13:25:00 |
Czytaj oryginał (ang.) |
| Despite Fast-paced Momentum, Dada Nexus Limited (DADA) Is Still a Bargain Stock |
Dada Nexus Limited (DADA) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen. |
zacks.com |
2024-05-07 13:51:18 |
Czytaj oryginał (ang.) |
| Dada Files Annual Report on Form 20-F for Fiscal Year 2023 |
SHANGHAI, China, April 22, 2024 (GLOBE NEWSWIRE) -- Dada Nexus Limited (“Dada” or the “Company”) (NASDAQ: DADA), China's leading local on-demand retail and delivery platform, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the U.S. Securities and Exchange Commission (“SEC”) on April 22, 2024. The annual report can be accessed on the Company's investor relations website at https://ir.imdada.cn/ as well as the SEC's website at http://www.sec.gov. |
globenewswire.com |
2024-04-22 10:17:00 |
Czytaj oryginał (ang.) |
| 7 Penny Stocks That Can Turn $10,000 Into $100,000 by 2027 |
If you're an investor with a high tolerance for risk and a desire for supersized returns, penny stocks should be at the top of your watchlist. While penny stocks are often associated with pump-and-dump schemes and companies on the verge of bankruptcy, there are some real hidden gems trading at bargain valuations that could potentially deliver astronomical returns within a few short years. |
investorplace.com |
2024-04-03 10:00:00 |
Czytaj oryginał (ang.) |