Report
Tian Hou
EUR 234.63 For Business Accounts Only

DADA: Rising Adoption From Business Front To Provide On-Demand Service And Strong Operating Metrics Drive DADA’s 2Q21

DADA will report 2Q21 results in late August. We are positive on DADA’s 2Q21. We believe DADA is benefitting from the increasing usage of real time delivery services. The lingering COVID has accelerated the adoption for such services. DADA’s  unique position has enabled the company to gain new KA accounts and expand into new categories. We believe on-demand delivery is still at its high growth phase, and DADA has years to grow.

Underlying
Dada Nexus ADS (N Shares)

Provider
T.H. Capital
T.H. Capital

​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.

Analysts
Tian Hou

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