Dada Group

company

About

Dada Group (NASDAQ: DADA) is a leading platform of local on-demand retail and delivery in China.

  • 1001 - 5000

Details

Last Funding Type
Series D
Last Funding Money Raised
$300M
Industries
Delivery,E-Commerce,Internet,Logistics,Online Portals
Founded date
Jun 1, 2014
Number Of Employee
1001 - 5000
Operating Status
Active

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".

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$400M
Dada Group has raised a total of $400M in funding over 2 rounds. Their latest funding was raised on Jan 4, 2016 from a Series D round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jan 4, 2016 Series D $300M 1 Detail
Jun 13, 2015 Series C $100M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
Dada Group is funded by 1 investors. Sequoia Capital are the most recent investors.
Investor Name Lead Investor Funding Round
Sequoia Capital Series D