Delivery workers for Chinese e-commerce giant JD.com prepare for the morning round of deliveries from a distribution centre in Beijing. The company is an existing investor in Dada Nexus. Photo: APDelivery workers for Chinese e-commerce giant JD.com prepare for the morning round of deliveries from a distribution centre in Beijing. The company is an existing investor in Dada Nexus. Photo: AP
Delivery workers for Chinese e-commerce giant JD.com prepare for the morning round of deliveries from a distribution centre in Beijing. The company is an existing investor in Dada Nexus. Photo: AP

China’s Dada targets US IPO amid Washington-Beijing tensions

  • Online grocery firm is attempting listing on Nasdaq in hope of raising up to US$280.5 million
  • Plan comes amid tighter restrictions from US lawmakers and stock exchange operators on flotations by Chinese firms going public in the United States
Topic |   IPO
Delivery workers for Chinese e-commerce giant JD.com prepare for the morning round of deliveries from a distribution centre in Beijing. The company is an existing investor in Dada Nexus. Photo: APDelivery workers for Chinese e-commerce giant JD.com prepare for the morning round of deliveries from a distribution centre in Beijing. The company is an existing investor in Dada Nexus. Photo: AP
Delivery workers for Chinese e-commerce giant JD.com prepare for the morning round of deliveries from a distribution centre in Beijing. The company is an existing investor in Dada Nexus. Photo: AP
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