China: JD.com unit to merge with crowdsourcing platform Dada Nexus in $200m deal

China: JD.com unit to merge with crowdsourcing platform Dada Nexus in $200m deal

Chinese online direct sales company JD.com Inc said its online-to-offline unit, JD Daojia, will merge with Dada Nexus Ltd, a crowdsourcing platform, to form a new company.

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