Chinese Delivery Firm Dada-JD Daojia Reportedly Seeking To Raise $500M In IPO

Dada-JD Daojia, an online grocery delivery firm controlled by Chinese ecommerce giant JD.com, is seeking for an initial public offering on Nasdaq Stock Exchange in 2020, raising US$500 million to US$1 billion depending on market conditions, according to reports in Caixin. The company has adjusted its organizational structure for the preparation of IPO in the […]

Chinese Delivery Firm Dada-JD Daojia Reportedly Seeking To Raise $500M In IPO comes originally from China Money Network. All Rights Reserved.

Read the original article: China Money Network