jd.com's logistics (02618.HK) and dada nexus (DADA.US) have signed a freight and operational support service agreement.
JD.com Logistics (02618.HK) announced the signing of two framework agreements with dada nexus (DADA.US), namely the Cargo Services Framework Agreement and the Operational Support Services Framework Agreement. The signing dates for these two agreements are both September 6, 2024, and they are valid until December 31, 2026. According to the Cargo Services Framework Agreement, dada nexus will provide local real-time logistics services for JD.com Logistics. The annual service fee limits stipulated in the agreement are 0.569 billion RMB in 2024, 0.652 billion RMB in 2025, and 0.78 billion RMB in 2026.
We Think Dada Nexus (NASDAQ:DADA) Can Easily Afford To Drive Business Growth
Express News | Dada Nexus Ltd : Mizuho Cuts Target Price to $4.5 From $5
U.S. Stock Market News: dada nexus rose more than 3% pre-market, with Citigroup raising its rating to hold after performance.
On August 23, Gelonghui | Dada Nexus (DADA.US) rose 3.45% before the market, to $1.2; the stock fell sharply by 11.45% yesterday. Dada Nexus announced on Wednesday that the company's Q2 revenue was 2.35 billion yuan, a year-on-year decrease of 9.5%. In addition, it was announced that Guo Qing, an advisor to JD.com, will become the chairman of Dada Nexus' board of directors. After the performance, Citigroup analyst Alicia Yap raised the rating of Dada Nexus from sell to hold and set a target price of $1.5.
Dada Nexus Rating Upped at Citi After Q2 Report
Dada Nexus Analyst Ratings
Dada Nexus (DADA.US) had 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.
Guolonghui, August 21st | Dada Group (DADA.US) announced today 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 of 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 of 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, in the second quarter of 2024, jd.com's net revenue for instant delivery was 0.912 billion yuan, last year
dada nexus (DADA.US) announced the election of Guo Qing as the Chairman of the Board of Directors of the company.
Gelonghui, August 21 - Dada Nexus (DADA.US) announced today that the board of directors has elected Guo Qing as a member of the board of directors and the compensation committee, and he will take over as the chairman of the board of directors from August 20, 2024, replacing Dan Su. Dan Su will continue to serve as a member of the board of directors and the nominations and corporate governance committee. Following 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 from the position of 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.
Express News | Dada Nexus Ltd : Citigroup Raises to Neutral From Sell; Raises Target Price to $1.50 From $1
Dada Nexus (DADA.US) Q2 revenue declines by 9.5%, appoints new board of directors chairman.
Dada Nexus (DADA.US) announced its financial report for the second quarter of fiscal year 2024 on Wednesday.
Citi Upgrades Dada Nexus(DADA.US) to Hold Rating, Cuts Target Price to $1.5
Citi analyst Alicia Yap upgrades $Dada Nexus(DADA.US)$ to a hold rating, and adjusts the target price from $1.8 to $1.5.According to TipRanks data, the analyst has a success rate of 36.4% and a
Dada Nexus Announces Executive Leadership Changes
Citigroup Upgrades Dada Nexus to Neutral From Sell, Adjusts Price Target to $1.50 From $1
Dada Nexus | 6-K: Report of foreign private issuer (related to financial reporting)
Dada Nexus Limited (DADA) Q2 2024 Earnings Call Transcript Summary
Dada Nexus Q2 EPS $(0.08) Beats $(0.10) Estimate, Sales $324.53M Beat $317.35M Estimate
Dada Nexus GAAP EPS of -RMB 0.14, Revenue of RMB 2.35B
Express News | Dada Nexus's revenue in the first half of the year increased by 51% year-on-year, exceeding market expectations.
Express News | Dada Nexus's net revenue in the second quarter was RMB 2.35 billion, which is higher than the analyst's expectation of RMB 2.28 billion.
Express News | Former Meituan S-team member Guoqing becomes the Chairman of the Board of Directors of Dada Nexus.