Dada Group receives a premium acquisition offer from JD.com, and the stock price jumps accordingly
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Dada Group announced that it has received a non-binding acquisition offer from JD.com, with a price of USD 2.0 per ADS, representing a 42% premium over last Friday's closing price. Following this news, Dada Group's stock price surged over 25% in pre-market trading. The board of Dada Group has established a special committee to evaluate the proposal and plans to hire independent advisors to assist in the review
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