Dada Group (NASDAQ: DADA) is a leading platform of local on-demand retail and delivery in China.
Dada Group is a leading platform of local on-demand retail and delivery in China. It operates JDDJ, one of China's largest local on-demand retail platforms for retailers and brand owners, and Dada Now, a leading local on-demand delivery platform open to merchants and individual senders across various industries and product categories. The Company's two platforms are inter-connected and mutually beneficial. The Dada Now platform enables improved delivery experience for participants on the JDDJ platform through its readily accessible fulfillment solutions and strong on-demand delivery infrastructure. Meanwhile, the vast volume of on-demand delivery orders from the JDDJ platform increases order volume and density for the Dada Now platform. In June 2020, Dada Group began trading on the Nasdaq Global Market, under the ticker symbol "DADA".
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
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Jan 4, 2016 | Series D | $300M | 1 | — | — | Detail |
Jun 13, 2015 | Series C | $100M | 1 | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
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Sequoia Capital | — | Series D |