Reports Q3 revenue RMB2.87B, up 20.4% year-over-year. “We are delighted to report another quarter of robust growth and significant year-over-year margin improvement,” said Mr. Jeff He, President of Dada. “Along the path to achieving our mission of bringing people everything on demand, we’ve realized high-quality growth and at the same time created meaningful social value. Together with JD.com, we will continue to leverage our digitalization capability to empower retailers, brand owners and riders, while uplifting consumers’ shopping experience in a cost-effective way.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on DADA:
- Dada Announces Unaudited Third Quarter 2023 Financial Results
- Dada Nexus price target lowered to $7 from $10 at Mizuho
- DADA Upcoming Earnings Report: What to Expect?
- Dada to Announce Unaudited Third Quarter 2023 Financial Results on November 14, 2023
- Dada Nexus downgraded to Equal Weight from Overweight at Morgan Stanley
Questions or Comments about the article? Write to editor@tipranks.com