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JohnQQ

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JohnQQ

Re: None

Thursday, 01/28/2021 3:51:31 AM

Thursday, January 28, 2021 3:51:31 AM

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Seeking Alpha Dada: The Chinese Uber Trades At 7x Sales With 57% Sales Growth

Dada Nexus (DADA) delivered more than 90% sales growth in the nine months ended September 30, 2020. The company shows a significant amount of cash in hand, and there is large stock demand. I don't believe that the company is cheap at 7x sales because Uber trades at a similar valuation. With that, investors will do well by looking very carefully at the new developments from Dada's management. If the new cash is used for new technology or marketing expenditures, the revenue may increase even at a larger pace.

https://seekingalpha.com/article/4401339-dada-chinese-uber-trades-7x-sales-57-sales-growth
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Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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