Dada Nexus shareholders approve merger with JD Sunflower
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 10 2025
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Merger Approval: Dada Nexus shareholders approved the Agreement and Plan of Merger, allowing JD Sunflower Investment to merge with the company, resulting in Dada Nexus becoming a wholly owned subsidiary of Parent.
Privatization Outcome: The merger, supported by approximately 92.1% of votes at the extraordinary general meeting, will lead to Dada Nexus becoming a privately held entity, with its ADSs no longer listed on any exchange.
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.
