New Street Research - Dada Nexus Ltd (DADA US) New Street: DADA 3Q22 Preview - Lower 4Q Outlook Amid Covid and Macro Uncertainties

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New Street Research

Jin Yoon

New Street: DADA 3Q22 Preview - Lower 4Q Outlook Amid Covid and Macro Uncertainties

What’s New: We maintain 3Q estimates but lower 4Q outlook amid macro and covid uncertainties. In this note, we discuss about the latest updates on the business including near-term demand environment.

Analysts:
Jin Yoon

14/10/2022 1 EN

Underlying

Dada Nexus Ltd

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New Street Research

Provided by our team of experienced analysts, our work is idea driven, based on independence of thought, sector expertise, and firmly focussed on fundamentals and valuation.

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Pan European Telecom Services and Cable

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Analysts

Jin Yoon

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New Street: DADA 3Q22 Preview - Lower 4Q Outlook Amid Covid and Macro Uncertainties

DADA 4Q23 Results: Near-Term Visibility Limited Amid Ongoing Biz Adjustments

DADA Findings of Independent Review: Implications to JD.com

DADA 3Q23 Results: Business to Remain Resilient in FY24

CPUs in 1Q24: Node parity in notebooks leads to stable market shares. Intel not there yet in desktop & servers.

SATS 1Q24 Quick Take: Operating trends fine; focus will be on capital raise

Uber 1Q24: We see only strengths in the quarter & guide

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