Dada Nexus Limited
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Jun Mao
- Full Time Employees
- 2,159
- Sector
- Consumer Cyclical
- Industry
- Specialty Retail
- Address
- Oriental Fisherman’s Wharf Shanghai People's Republic of China 200082
- IPO Date
- Jun 5, 2020
- CIK
- 0001793862
- Website
- about.imdada.cn
- Similar Companies
- Business
- Dada Nexus Limited operates as China's leading local on-demand retail and delivery platform, providing digital infrastructure that connects retailers, brand owners, and consumers through crowdsourced delivery networks. The company runs two interconnected platforms: JD NOW, a local on-demand retail marketplace offering consumers access to products from nearby stores such as supermarkets, pharmacies, and brands including Walmart and Yonghui Superstores via website and mobile app, with services encompassing in-store promotions, digital marketing, and omni-channel online retail tools; and Dada NOW (rebranded as Dada Seconds or JD Seconds), a crowdsourced intra-city and last-mile delivery service delivering groceries, pharmaceuticals, fresh produce, meals, and general merchandise in under 30 minutes on average, serving chain merchants, small- and medium-sized enterprises, logistics firms, and individual users with flexible modes like resident riders, regional staffing, and commercial district fulfillment. Incorporated in 2014 and headquartered at 22/F, Oriental Fisherman’s Wharf, No. 1088 Yangshupu Road, Yangpu District, Shanghai, China, Dada Nexus focuses on the hyperlocal quick commerce sector primarily within China, generating revenue from retail commissions, advertising, marketing services, and delivery fees while leveraging proprietary algorithms for order dispatching, dynamic pricing, and rider matching. In a major strategic shift, the company completed its privatization in June 2025 through a merger with JD Sunflower Investment Limited, a wholly-owned subsidiary of JD.com Inc., at US$2.00 per American Depositary Share, delisting from Nasdaq and becoming fully integrated into the JD.com ecosystem to enhance last-mile logistics and compete aggressively in instant retail; this followed shareholder approval on June 10, 2025, with 92.1% support, and included earlier 2024 rebranding of JD Daojia and JD Hours Reach to JD Seconds (offering full-category free delivery over RMB 29), alongside launches like the All-Heart Reach upgrade for customized hybrid rider models in supermarkets, pharmacies, fresh food, and catering industries.
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