Added to YB: 2024-01-19
Pitch date: 2024-01-19
DADA [bullish]
Dada Nexus Limited
+9.5%
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
$1.79
Price Target
2.00 (+2%)
Dividend
N/A
EV/EBITDA
-1.45
P/E
-1.89
EV/Sales
0.09
Sector
Consumer Staples Distribution and Retail
Category
turnaround
A new Chinese Stock: Dada Nexus (DADA)
$DADA: Despite 500M RMB rev restatement, still growing & near profitability. Trades below $500M cash, 90% off highs. JD owns 53%, could take private. Risks: more fraud, but unlikely given JD control. Cheap on $1.5-1.6B runrate, $390M MC. Bought at $1.50.
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