A platform focusing on local on-demand retail and delivery
Dada, founded in June, 2014 and headquartered in Shanghai, is a platform focusing on local on-demand retail and delivery. Established by Kuai Jiaqi, the company has received financings from Sequoia Capital, DST, JD.com and so on. Rivals that have direct and indirect competition with Dada globally include Meituan-Dianping, Eleme, GoGoVan, etc.
After a Stellar 2020, New Growth Catalysts Emerge for Dada Nexus
Resulting from its Nasdaq IPO in June and follow-on offering in December, the JD.com-affiliated O2O company found itself with sufficient cash on hand to keep expanding in the ample Chinese market.
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Dada is Leading the Retail Market in China
Dada aims to build a closed-loop in its business flow and logistics, and it wishes to ensure deliver of every commodity on time, with the regularity of a pacemaker. The firm's operating income is expected to increase by 74.8%.
Oct 05, 2020 04:34 AM