Dada Nexus Limited Announces Leadership Changes
Dada Nexus Limited (NASDAQ: DADA, “Dada” or the “Company”), China’s leading local on-demand retail and delivery platform, recently announced significant management shifts. The board of directors has elected Mr. Kevin Qing Guo as a director and the new chairman, succeeding Mr. Ian Su Shan. Mr. Ian Su Shan will continue serving as a director and remain involved with the nominating and corporate governance committee.
Board Composition and Management Changes
Following these changes, the Board will consist of six members, three of whom are independent directors. Additionally, the company announced that Mr. Bing Fu has resigned from his position as Interim President for personal reasons. The board is currently assessing its leadership structure to align with the Company’s long-term development goals.
About Kevin Qing Guo
Mr. Kevin Qing Guo has been associated with JD.com, Inc. as a consultant since April 2024 and has also served as a consultant to Dada. He co-founded Robot-X Holdings Limited, where he has been the Chief Executive Officer since November 2021. His prior experience includes a significant tenure at Meituan.
Educational Background
Mr. Guo holds a bachelor’s degree in applied chemistry and international engineering management from Tianjin University, alongside a master’s in business administration from Beijing University of Posts and Telecommunications.
About Dada Nexus Limited
Dada Nexus Limited is a prominent player in China’s local on-demand retail and delivery market, operating two interconnected platforms: JD NOW and Dada NOW. These platforms provide critical synergies, enhancing order volumes and improving delivery experiences for users across various industries.
Business Model and Synergies
The JD NOW platform supports retailers and brand owners by facilitating on-demand retail, while Dada NOW provides robust delivery services to a wide range of merchants. This connectivity not only boosts operational effectiveness but also enriches customer experiences through improved logistics and support systems.
Contact Information
For investor inquiries, please contact:
Dada Nexus Limited
Ms. Caroline Dong
E-mail: ir@imdada.cn
In China
Mr. Rene Vanguestaine
Phone: +86-178-1749 0483
E-mail: rvanguestaine@christensenir.com
In the US
Ms. Linda Bergkamp
Phone: +1-480-614-3004
E-mail: lbergkamp@christensenir.com
For media inquiries, please reach out to: Dada Nexus Limited
E-mail: PR@imdada.cn
Frequently Asked Questions
What management changes were announced by Dada Nexus Limited?
Dada Nexus Limited appointed Mr. Kevin Qing Guo as the new chairman and announced the resignation of Mr. Bing Fu as Interim President.
Who is Kevin Qing Guo?
Kevin Qing Guo is a consultant for JD.com and co-founder of Robot-X, bringing extensive experience in the on-demand delivery and retail sectors.
What platforms does Dada Nexus Limited operate?
Dada operates JD NOW, a major on-demand retail platform, and Dada NOW, a delivery service platform for various industries.
How does Dada's business model benefit consumers?
The interconnected platforms of Dada enhance order volumes and improve delivery services, offering a seamless customer experience.
Where can I find more information about Dada Nexus Limited?
For more details, you can contact their investor or media relations teams as specified in the contact information above.
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