JD.com takes control of Dada

Date : 24 March 2021

Jiong-Jiong Yu

Senior Retail Analyst

JD.com announced on 22 March that it is investing US$800m in Dada Neux, the mother company of on-demand grocery delivery platform JD Daojia and on-demand delivery platform Dada Now. JD.com will effectively take control of delivery platform Dada Once the deal goes through, JD.com will own 51%…
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