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JD's big move! Increase holdings in Dada Group and fully tap into this market

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[JD's big move! Fully exert its power on this market] On September 17, Dada Group's US stock announced that JD had completed the purchase of 87.4813 million ordinary shares and 1.875 million American depositary shares of Dada Group held by Wal Mart subsidiaries. So far, JD has acquired all the shares of Dada held by Wal Mart, and the shareholding ratio has increased to 63.2%. Affected by this news, both Dada Group and JD.com 'US stocks have surged. As of 22:00 Beijing time on September 17th, Dada Group has risen as high as 14.62%, while JD.com has risen 3.56%.
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