China’s JD.com to invest $800 million in Dada Group

Fargo, ND, USA / The Mighty 790 KFGO | KFGO

Mar 22, 2021 | 7:45 AM

(Reuters) – Chinese e-commerce firm JD.Com said on Monday it will invest $800 million in Dada Group, giving it a 51% stake in the Chinese on-demand delivery platform.

(Reporting by Eva Mathews in Bengaluru; Editing by Shailesh Kuber)

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China’s JD.com to invest $800 million in Dada Group

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