DADA: Positive On 4Q21E Performance
DADA will report 4Q21 results on March 8th after the markets close followed by an 8pm ET conference call. We are positive on DADA’s 4Q21 performance. DADA continues to work on attracting more brand partners from new industries. JD’s investment in DADA has obtained regulatory approvals and both companies expect the transaction to close soon. Post close, JD will own approximately 52% of DADA’s outstanding shares. As offline retail has been listed as one of the areas that the government is going to promote in 2022, we believe DADA delivery services can benefit from such upward trends.
T.H. Capital is an independent research and investment advisory firm specializing in China. We offers real-time, on-the-ground, bottom-up research across a wide spectrum from macro and industry analysis to company specific projects; from China ADRs to international names that have meaningful exposure to China market. We deliver relevant, comprehensive and data driven research adding immense value to clients.
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