JD.com Bids for Dada Nexus

This is a news story, published by Yahoo Finance, that relates primarily to Dada Nexus Limited news.

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Dada Nexus Limited

Benzinga

•

Business

Business & Economics

JD.com Eyes Full Control Of Dada Nexus With Premium Cash Offer: Details

Summary

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70% Informative

Dada Nexus Limited ( NASDAQ : DADA ) shares are trading higher after the company received a preliminary, non-binding proposal from JD.com to acquire all shares, including ADSs , at $ 2.00 per ADS ($ 0.50 per Ordinary Share) in cash.

The offer represents a 42% premium to the last closing price before the proposal date.

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formal

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English

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