2024-06-15 03:29:25 ET
Summary
- The potential fraud case resulting in negative sentiment allows for a great entry price in this innovative business.
- Their cooperation with the JD Group positions them strategically in JD's ecosystem.
- Dada's tactical position as a middleman in the digitalization of retailers makes them a scalable business with great potential.
Dada Nexus ( DADA ) is a Chinese small cap capitalizing on the digitalization of retailers. It owns two segments: Dada Now, a cost-efficient crowdsourcing delivery platform, and JD Now's ecosystem, which allows retailers to better manage their warehouses and customers. They work together closely with the JD Group and are backed by Walmart....
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Dada Nexus: An Overlooked Middleman In China's Digital Retail Revolution