Dada Nexus Rides Closer To JD com s Orbit With Management Shakeup seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.
Key Takeaways: Dada Nexus has appointed two JD Logistics veterans as its new chairman and CFO, hinting at closer integration between the two companies The intra-city delivery company has become more integrated with JD.com since JD boosted its stake in Dada Nexus to 52% last year from a previous 47% By Doug Young
SHANGHAI, China, Dec. 19, 2023 Dada Nexus Limited , China’s leading local on-demand delivery and retail platform, today announced that Mr. Lijun Xin will step down as the Chairman of the Board.
Pinebridge Investments L.P. boosted its stake in Dada Nexus Limited (NASDAQ:DADA – Free Report) by 14.6% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 805,269 shares of the company’s stock after purchasing an additional 102,426 shares during the period. Pinebridge Investments L.P.’s holdings in Dada Nexus were […]
Dada Nexus Limited (NASDAQ:DADA – Get Free Report)’s share price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $3.37 and last traded at $3.41, with a volume of 836172 shares changing hands. The stock had previously closed at $3.54. Wall Street Analysts Forecast Growth Several equities […]