Added to YB: 2024-03-26
Pitch date: 2024-03-22
DADA [bullish]
Dada Nexus Limited
-17.65%
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
$2.38
Price Target
N/A
Dividend
N/A
EV/EBITDA
-1.45
P/E
-1.89
EV/Sales
0.09
Sector
Consumer Staples Distribution and Retail
Category
value
Dada Nexus Limited - $DADA
DADA: Crowd-sourced delivery & e-commerce play at 1x GP, $600M MC, $500M net cash. JD owns 54%. Fraud found by mgmt change, no impact on profit. Fixed costs since '21 despite 50% rev growth. Potential for FCF generation, capital returns, buyout by JD. Risks: VIE structure, no profits yet.
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