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.
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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