Chinese e-commerce firm JD.com Inc has agreed to acquire a 47.4% stake in Dada Nexus Ltd., a Shanghai-based Uber-like mobile app that focuses on providing last mile logistics services, for US$200 million in cash and plans to merge its JD Daojia unit into Dada. JD.com says it will merge its O2O (online-to-offline) unit with Dada […]
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