This article only represents the author's own views.
There’s nothing like having a rich parent who doesn’t mind overpaying to indulge you.
That seems to be one of the biggest messages in the latest announcement from Dada Nexus Ltd. (DADA.US), the local delivery arm of e-commerce giant JD.com (JD.US; 9618.HK). More precisely, JD.com has just taken majority control of this particular offspring, cementing a deal that was first announced a year ago.
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