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Dada Nexus Ltd

Dada Nexus Ltd (DADA)

2.04
-0.06
( -2.86% )
Updated: 13:42:16

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Key stats and details

Current Price
2.04
Bid
2.04
Ask
2.05
Volume
1,297,675
2.01 Day's Range 2.155
0.00 52 Week Range 0.00
Market Cap
Previous Close
2.10
Open
2.12
Last Trade
100
@
2.04
Last Trade Time
13:42:33
Financial Volume
$ 2,674,203
VWAP
2.0608
Average Volume (3m)
-
Shares Outstanding
-
Dividend Yield
-
PE Ratio
-
Earnings Per Share (EPS)
-
Revenue
-
Net Profit
-

About Dada Nexus Ltd

Dada Nexus Ltd is a platform of local on-demand retail and delivery in China. It operates JD-Daojia (JDDJ), China's local on-demand retail platform, and Dada Now, a local on-demand delivery platform in China. The company generates revenue from intra-city delivery services to JDDJ retailer customers,... Dada Nexus Ltd is a platform of local on-demand retail and delivery in China. It operates JD-Daojia (JDDJ), China's local on-demand retail platform, and Dada Now, a local on-demand delivery platform in China. The company generates revenue from intra-city delivery services to JDDJ retailer customers, commission fees charged to retailers for using the platform, online marketing services, and packaging services. Show more

Sector
Cmp Programming,data Process
Industry
Cmp Programming,data Process
Website
Headquarters
Grand Cayman, Cym
Founded
1970
Dada Nexus Ltd is listed in the Cmp Programming,data Process sector of the NASDAQ with ticker DADA. The last closing price for Dada Nexus was $2.10. Over the last year, Dada Nexus shares have traded in a share price range of $ 0.00 to $ 0.00.

Dada Nexus currently has 0 shares outstanding.

DADA Latest News

Dada Announces Unaudited Fourth Quarter and Fiscal Year 2023 Financial Results

SHANGHAI, China, March 25, 2024 (GLOBE NEWSWIRE) -- Dada Nexus Limited (NASDAQ: DADA, “Dada” or the “Company”), China’s leading local on-demand retail and delivery platform, today announced its...

Dada to Announce Unaudited Fourth Quarter and Fiscal Year 2023 Financial Results on March 25, 2024

SHANGHAI, China, March 22, 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...

Dada Nexus Limited Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm for More Information - DADA

Dada Nexus Limited Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm for More Information - DADA PR Newswire NEW YORK, March 11, 2024 NEW YORK, March 11, 2024...

DADA LAWSUIT ALERT: The Gross Law Firm Notifies Dada Nexus Limited Investors of a Class Action Lawsuit and Upcoming Deadline

DADA LAWSUIT ALERT: The Gross Law Firm Notifies Dada Nexus Limited Investors of a Class Action Lawsuit and Upcoming Deadline PR Newswire NEW YORK, March 7, 2024 NEW YORK, March 7, 2024...

These Shares Caught A Major Bid Following Internal Review Of 'Suspicious Practices'

It’s not very often that we see a stock jump following an investigation that turned out to be necessary, but that’s exactly what happened after a Chinese company said To read the full...

Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]

      UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549       Form 6-K       REPORT OF FOREIGN PRIVATE ISSUER...

Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]

      UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549       Form 6-K       REPORT OF FOREIGN PRIVATE ISSUER...

Class Action Filed Against Dada Nexus Limited (DADA) Seeking Recovery for Investors - Contact The Gross Law Firm

Class Action Filed Against Dada Nexus Limited (DADA) Seeking Recovery for Investors - Contact The Gross Law Firm PR Newswire NEW YORK, Feb. 26, 2024 NEW YORK, Feb. 26, 2024 /PRNewswire/ -- The...

Dada Nexus Limited Sued for Securities Law Violations - Contact The Gross Law Firm Before March 11, 2024 to Discuss Your Rights - DADA

Dada Nexus Limited Sued for Securities Law Violations - Contact The Gross Law Firm Before March 11, 2024 to Discuss Your Rights - DADA PR Newswire NEW YORK, Feb. 15, 2024 NEW YORK, Feb. 15, 2024...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10000000DR
40000000DR
120000000DR
260000000DR
520000000DR
1560000000DR
2600000000DR

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DADA Discussion

View Posts
Monksdream Monksdream 4 days ago
DADA 10Q due 3/25
Next day settlement begins 5/28 per SEC mandate
👍️0
TrendTrade2016 TrendTrade2016 3 weeks ago
DADA...CHINA RUNNER
👍️0
tw0122 tw0122 1 month ago
Walmart in with 94 million shares using them to deliver food to 1 billion Chinese
1.
NAME OF REPORTING PERSON

Walmart Inc.
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) ? (b) ?
3.
SEC USE ONLY
4.
CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH:
5.
SOLE VOTING POWER

0
6.
SHARED VOTING POWER

94,981,280
7.
SOLE DISPOSITIVE POWER

0
8.
SHARED DISPOSITIVE POWER

94,981,280
9.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

94,981,280(1)
10.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
11.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

9.3%(2)
12.
TYPE OF REPORTING PERSON (See Instructions)

CO


(1)
Comprised of (i) 87,481,280 ordinary shares and (ii) 7,500,000 ordinary shares represented by 1,875,000 ADSs.
(2)
The percentage is calculated based on 1,024,936,126 ordinary shares issued and outstanding of the Issuer as of March 31, 2023 (excluding 50,577,604 ordinary shares in the form of ADSs held in treasury) as reported by the Issuer in its Annual Report on Form 20-F for the fiscal year ended December 31, 2022.






CUSIP No. 23344D108

Schedule 13G

1.
NAME OF REPORTING PERSON

Global Pinnacle Corporation
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) ? (b) ?
3.
SEC USE ONLY
4.
CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH:
5.
SOLE VOTING POWER

0
6.
SHARED VOTING POWER

94,981,280
7.
SOLE DISPOSITIVE POWER

0
8.
SHARED DISPOSITIVE POWER

94,981,280
9.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

94,981,280(1)
10.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
11.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

9.3%(2)
12.
TYPE OF REPORTING PERSON (See Instructions)

CO


(1) Comprised of (i) 87,481,280 ordinary shares and (ii) 7,500,000 ordinary shares represented by 1,875,000 ADSs. (2) The percentage is calculated based on 1,024,936,126 ordinary shares issued and outstanding of the Issuer as of March 31, 2023 (excluding 50,577,604 ordinary shares in the form of ADSs held in treasury) as reported by the Issuer in its Annual Report on Form 20-F for the fiscal year ended December 31, 2022.






SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13G
Item 1.
(a) Name of Issuer. Dada Nexus Limited

(b) Address of Issuer’s Principal Executive Offices.
22/F Oriental Fisherman’s Wharf
No. 1088 Yangshupu Road
Yangpu District, Shanghai 200082
People’s Republic of China


Item 2.
(a) Names of Persons Filing.
This statement on Schedule 13G is being jointly filed by: (i) Walmart Inc. (“Walmart”) and (ii) Global Pinnacle Corporation (“Global Pinnacle”, and together with Walmart, the “Reporting Persons”). Walmart wholly owns Global Pinnacle indirectly through a number of other wholly-owned subsidiaries.

(b) Address of Principal Business Offices, or, If none, Residence.
The address of the principal business office of Walmart and Global Pinnacle is 702 S.W. Eighth Street, Bentonville, Arkansas 72716.

(c) Citizenship.
Walmart is a corporation organized under the laws of the State of Delaware. Global Pinnacle is a corporation organized under the laws of the State of Delaware.

(d) Title of Class of Securities. $0.0001 per share (“Ordinary Shares”), of the issuer
(e) CUSIP Number. 23344D108* * There is no CUSIP number assigned to Ordinary Shares. CUSIP number 23344D108 has been assigned to the American Depositary Shares (“ADSs”) of the issuer, which are quoted on The NASDAQ Global Select Market under the symbol “DADA.” Each ADS represents four Ordinary Shares.






Item 3. If this statement is filed pursuant to Rule 240.13d-1(b) or 240.13d-2(b) or (c), check whether person filing is a:

(a) ?
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
(b) ?
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c)
(c) ?
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
(d) ?
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
(e) ?
An investment adviser in accordance with Rule 240.13d-1(b)(1)(ii)(E);
(f) ?
An employee benefit plan or endowment fund in accordance with Rule 240.13d-1(b)(1)(ii)(F);
(g) ?
A parent holding company or control person in accordance with Rule 240.13d-1(b)(1)(ii)(G);
(h) ?
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i) ?
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j) ?
A non-US institution in accordance with § 240.13d-1(b)(1)(ii)(J);
(k) ?
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(J).

Not applicable.

Item 4. Ownership The responses to questions 5 through 9 and 11 on the cover page(s) are incorporated by reference into this Item 4.

Item 5. Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following ?.

Item 6. Ownership of More than Five Percent on Behalf of Another Person. Not applicable
Item 7. Identification and Classification of the Subsidiary which Acquired the Security Being Reported on By the Parent Holding Company or Control Person. Not applicable
Item 8. Identification and Classification of Members of the Group. Not applicable
Item 9. Notice of Dissolution of Group. Not applicable
Item 10. Certification.
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.



List of Exhibits
Exhibit No.
Description
99.1
Joint Filing Agreement
👍️0
JohnQQ JohnQQ 3 years ago
Consumption Trends During Chinese New Year Will Push Dada’s Sales Up

China’s on-demand delivery group Dada (DADA) recently announced the release of a new report. Traders will most likely be looking carefully at the numbers released. Notice that Dada provided sales data from January 4 to February 4.

https://stockmarketrevolution.com/archives/15533
👍️0
JohnQQ JohnQQ 3 years ago
From Seeking Alpha

Dada, The Chinese Uber, Trades At 7x Sales With 57% Sales Growth

Dada delivered more than 90% sales growth in the nine months ended September 30, 2020. The company shows a significant amount of cash in hand, and there is large stock demand. I don’t believe that the company is cheap at 7x sales because Uber trades at a similar valuation. With that, investors will do good by looking very carefully at the new developments to be delivered by Dada’s management. If the new cash is used for new technology or marketing expenditures, the revenue may increase even at a larger pace.

Double Digit Sales Growth

Financed by Walmart (WMT) and JD (JD), Dada Nexus provides on-demand delivery in China.

The CEO and founder is an engineer from MIT, who sold AdChina to Alibaba and Anjuke to 58.com. In our view, the business profile of Mr Kuai, who is only 37 years old, will attract the attention of investors:

The company intends to integrate its Dada Now and JDDJ platforms into a new platform offerging on-demand retail and delivery in China. The number of tools offered to clients is overwhelming. With data mining and AI technologies, Dada offers smart order recommendations and automated order pricing technologies. On the top of it, the company also offers a rider management system that manages the behavior of millions of riders:

👍️0
JohnQQ JohnQQ 3 years ago
10% of the market cap. is represented by cash !
👍️0
JohnQQ JohnQQ 3 years ago
plus +5% today this is going mad ! Go $DADA !!
👍️0
JohnQQ JohnQQ 3 years ago
I hope you guys buy this before everybody in Wall Street
👍️0
JohnQQ JohnQQ 3 years ago
Seeking Alpha Dada: The Chinese Uber Trades At 7x Sales With 57% Sales Growth

Dada Nexus (DADA) delivered more than 90% sales growth in the nine months ended September 30, 2020. The company shows a significant amount of cash in hand, and there is large stock demand. I don't believe that the company is cheap at 7x sales because Uber trades at a similar valuation. With that, investors will do well by looking very carefully at the new developments from Dada's management. If the new cash is used for new technology or marketing expenditures, the revenue may increase even at a larger pace.

https://seekingalpha.com/article/4401339-dada-chinese-uber-trades-7x-sales-57-sales-growth
👍️0
JohnQQ JohnQQ 3 years ago
Dada Nexus Finds Momentum In Q3 2020: Good Time To Buy

Seeking Alpha Article

https://seekingalpha.com/article/4393628-dada-nexus-finds-momentum-in-q3-2020-good-time-to-buy

On November 20, Chinese on-demand retail and delivery platform Dada Nexus (NASDAQ:DADA) announced its 3Q 2020 financial results, reporting strong earnings. The stellar business performance spurred investors' optimism, boosting the company's market capitalization to $11.69 billion at the end of the trading session on November 23.



👍️0

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