Ticker Launch

IPO · DADA

Dada Nexus Ltd

Dada Nexus Ltd (DADA) priced its initial public offering on Jun 8, 2020 at $16.00 per share, and listed on Nasdaq Global Select. At the IPO price its market capitalization was about $14.22B. Goldman Sachs was lead-left underwriter, joined by BofA Securities and Jefferies. Commerce & Finance advised the company and Haiwen & Partners advised the underwriters.

Dada Nexus Ltd is a Chinese platform for local on-demand retail and delivery. It operates JD-Daojia, one of China's largest local on-demand retail platforms, and Dada Now, a local on-demand delivery platform.

Status
IPO
Ticker
DADA
Exchange
Nasdaq Global Select
Priced
Jun 8, 2020
IPO price
$16.00
Market cap at IPO price
$14.22B
First filed
May 12, 2020
Underwriters
Goldman Sachs, BofA Securities and Jefferies
Company counsel
Commerce & Finance
Underwriters' counsel
Haiwen & Partners
Sector
Technology
Country / state
China

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.

More on this listing for subscribers

Every record in the database also has its full filing timeline, a daily-updated calendar, watchlist alerts and Excel export.

Then $99/month or $999/year. Cancel anytime.

Filings

Other Technology IPOs in 2020