Dada Nexus Ltd
Software & IT Services
Company Summary
Dada Nexus Ltd. is a prominent ESG software & services company based in China, with a Risk Rating Score of 24.7, indicating a Medium Risk level. Specializing in crowdsourced delivery services, Dada Nexus operates two key businesses: Dada Now, an ESG on-demand delivery platform offering last-mile and intracity services, and JD Daojia (JDDJ), an online retail platform connecting consumers to merchants. With Dada Now contributing 34% of revenue, JDDJ makes up the remainder. The merger of JDDJ and Dada Nexus in 2016 saw JD.com gaining a 47.4% ownership stake in the combined entity. Currently, JD.com and Walmart Inc. hold 53.9% and 9.3% ownership of Dada Nexus, respectively. Dada Nexus competes in the market with other logistics giants such as SF Intra-City and Meituan in the on-demand retail space, as well as facing competition from Didi in its delivery sector.
ESG Rating Overview
Sustainalytics
LSEG