Dada​​

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On January 25, 2025, Dada received a takeover offer from JD at $2/ADS.  We believe the offer grossly undervalues Dada and have written to the Board.  We have made these materials publicly available for all interest parties

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- Letter to the Board and Management

- Investment Report

- Basic model

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On July 3, 2024 we began to actively engage with Dada to improve transparency, alignment of interest and shareholder returns.  A copy of our letter to Dada's Board and Management is found here.  We also urge other shareholders to contact the company: ir@imdada.cn