Reported 1 day ago
JD.com has made a preliminary offer to acquire all shares of Dada Nexus at $2.00 per American Depositary Share (ADS), which is a 42% premium over the last closing price. The Dada Nexus Board has formed a special committee to assess the proposal, but no decisions have been made yet. JD.com currently owns approximately 63.2% of Dada Nexus following previous investments.
Source: YAHOO