Why These 15 E-Commerce Stocks Are Skyrocketing So Far In 2025

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2. Dada Nexus Ltd (NASDAQ:DADA)

Number of Hedge Fund Holders In Q4 2024: 10

Dada Nexus Ltd (NASDAQ:DADA) operates a leading local on-demand retail and delivery platform in China.

The stock is up significantly so far in 2025 as JD.com proposed acquiring all outstanding shares at $2 per American Depositary Share (ADS). The company already owns 63% of Dada Nexus.

The company has now hired financial and legal advisors to assist its special committee in evaluating the acquisition offer. JD.com’s proposal has overshadowed previous concerns about the company’s fundamentals.

The consensus price target of $2.5 implies 32.63% upside.

DADA is up 55.37% year-to-date.

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