Dada-JD Daojia may list shares in the US

Date : 20 August 2019

Chinese online retailer JD.com is reportedly in talks with bankers for US IPO in May next year. Talks still in early stage The company, a joint venture that is 48% owned by JD.com and 10% by Walmart, is seeking to raise around US$500m in an IPO. The talks are still in early stages, and the…

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