Added to YB: 2024-01-02
Pitch date: 2023-12-31
DADA [bullish]
Dada Nexus Limited
-39.32%
current return
Author Info
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Company Info
Dada Nexus Limited operates a platform of local on-demand retail and delivery in the People’s Republic of China.
Market Cap
$3.8B
Pitch Price
$3.23
Price Target
6.00 (+206%)
Dividend
N/A
EV/EBITDA
-1.45
P/E
-1.89
EV/Sales
0.09
Sector
Consumer Staples Distribution and Retail
Category
growth
Dada Nexus (DADA) – Leading Chinese On-Demand Retail Platform Accelerates on Significant Runway
$DADA: 20% share in China's on-demand retail, owns JDDJ & DADA Now. 66% rev from JDDJ's $8.94B GMV, 46.9% user growth. Q3 rev +20.4% YoY. Undervalued on P/E & EV/EBIT vs peers. Positive FCF in FY24, upside from JD's 54% stake. $3.12 to $6+ target.
Read full article (9 min)