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Dada Nexus rides closer to JD.com’s orbit with management shakeup
December 22, 2023
DADA.US
3.17
(+5.3%)
The intra-city delivery company named a new chairman and CFO, both with close ties to JD Logistics
Key Takeaways:
Dada Nexus has appointed two JD Logistics veterans as its new chairman and CFO, hinting at closer integration between the two companies
The intra-city delivery company has become more integrated with JD.com ...

Workhorse Group's Q3 sales rise and losses dwindle, signaling financial improvement. However, slashed 2023 revenue expectations and potential shifts in its Aero business bring uncertainty. Share price dropped post-announcement.

Workhorse Group's recent progress with its drone business including its collaboration with UPS Flight Forward and FAA approval process, along with additional grants for farmland scanning may suggest a positive future outlook for the company and its stock.