BRIEF: Dada Nexus agrees to be privatized by JD.com
Intra-city delivery company Dada Nexus Ltd. (DADA.US) said on Tuesday it signed a definitive agreement to be privatized by majority stakeholder JD.com (JD.US; 9618.HK) at a price of $2 per…
NEWS WRAP: JD.com completes Dada Nexus takeover with privatization bid
The e-commerce giant has gradually boosted its stake in Dada since the intra-city delivery company’s 2020 IPO, and currently holds 63% of Dada’s shares By Doug Young E-commerce giant…
BRIEF: SF Intra-city’s profit doubles in 2024
Intra-city delivery company Hangzhou SF Intra-city Industrial Co. Ltd. (9699.HK) on Tuesday said it expects to report its profit for all 2024 more than doubled year-on-year, as its revenue rose…
BRIEF: SF Intra-city stock included in Mainland Connect programs
Intra-city parcel delivery company Hangzhou SF Intra-city Industrial Co. Ltd. (9699.HK)announced that its shares were approved for inclusion in the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect programs…
