Why These 15 Retail Stocks Are Skyrocketing So Far In 2025

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3. Dada Nexus Ltd (NASDAQ:DADA)

Number of Hedge Fund Holders In Q3 2024: 9

Dada Nexus Ltd (NASDAQ:DADA) is an on-demand retail and delivery platform.

The stock has surged this year after JD.com offered to acquire it at a significant premium.

On January 27, 2025, JD.com (which already owns 63% of Dada) proposed acquiring all remaining shares at $2.00 per ADS ($0.50 per ordinary share).

Analysts suggest full ownership would let JD better integrate Dada’s logistics into its e-commerce operations.

The financials haven’t been that great here. Q3 2024 revenue showed 7.3% decline and it has seen persistent losses. Q3 2024 losses reached $27 million.

The consensus price target of $2.7 implies 47.54% upside

DADA stock is up 51.24% year-to-date.

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