Dada Nexus enters into definitive agreement for 'Going Private' transaction
Written by Emily J. Thompson, Senior Investment Analyst
Merger Agreement Details: Dada Nexus has signed a Merger Agreement with JD Sunflower Investment, where Dada will become a wholly owned subsidiary of JD.com. Shareholders will receive $2.0 per American Depository Share and $0.5 per ordinary share, representing a 42% premium over the last trading price before the proposal.
Approval and Timeline: The merger is expected to close in Q3 2025, pending shareholder approval from at least two-thirds of voting power. If successful, Dada Nexus will become privately held, and its ADSs will be delisted from Nasdaq.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
