Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Dada Nexus ( (DADA) ) has shared an update.
On May 8, 2025, Dada Nexus Limited announced it will hold an extraordinary general meeting of shareholders on June 10, 2025, to vote on the proposed Agreement and Plan of Merger with JD Sunflower Investment Limited. If approved, the merger will result in Dada Nexus becoming a privately held company, delisting from NASDAQ, and terminating its American depositary shares program. The board of directors has recommended that shareholders vote in favor of the merger, which is expected to impact the company’s market presence and shareholder structure significantly.
Spark’s Take on DADA Stock
According to Spark, TipRanks’ AI Analyst, DADA is a Neutral.
Dada Nexus struggles with financial performance, particularly in profitability and cash flow management, which are significant concerns. While technically the stock shows upward momentum, the lack of comprehensive financial health and negative valuation metrics paint a cautious picture for potential investors.
To see Spark’s full report on DADA stock, click here.
More about Dada Nexus
Dada Nexus Limited is China’s leading local on-demand retail and delivery platform. It operates JD NOW, one of China’s largest local on-demand retail platforms for retailers and brand owners, and Dada NOW, a leading local on-demand delivery platform open to merchants and individual senders across various industries and product categories. The two platforms are interconnected, with JD NOW increasing order volume for Dada NOW, which in turn enhances delivery experiences through its robust infrastructure.
Average Trading Volume: 2,311,601
Technical Sentiment Signal: Hold
Current Market Cap: $513.1M
See more data about DADA stock on TipRanks’ Stock Analysis page.