JD is making inroads into on-demand services. It proposed to acquire all shares of Dada Nexus in January 2025 and announced its official launch of food delivery services.

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Cocktail shakers sit on the bar top as lights illuminate the back splash on Feb. 6, 2025, at Nexus in St. Louis.

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JD.com, the Chinese e-commerce giant and China's largest direct online seller ... from Friday's closing price. Dada Nexus's revenue is down 7% through the first three quarters of the year ...

Investing.com -- Shares of Dada Nexus Ltd (NASDAQ:DADA) jumped after its majority shareholder, Chinese e-commerce giant JD (NASDAQ:JD).com, submitted a non-binding proposal to take the delivery ...