×
225
Fashion Jobs
BVR PEOPLE CONSULTING
Production Manager/Chennai
Permanent · Chennai
COLUMBIA PETRO CHEM PVT. LTD.
Assistant Production Manager (Area Floor Manager)
Permanent · Navi Mumbai
GANESH GRAINS LTD
Looking For Area Sales Manager For hq Raipur, Chhattisgarh
Permanent · Raipur
FOCUS LIGHTING AND FIXTURES LIMITED
State Head / Area Sales Manager / Bdm / Sales Manager
Permanent · Ahmedabad
TRANSASIA BIO-MEDICALS LTD.
Area Sales Manager - Pune / Sangli / Nanded
Permanent · Pune
TATA AIA LIFE INSURANCE
Openings For Area Sales Manager – Dbs Lvb
Permanent · Chennai
OMSOM GROUP
Looking For Production Manager From Rice Processing Plant - Vashi
Permanent · Navi Mumbai
ALUDECOR LAMINATION PVT LTD
Area Sales Manager(Projects)- Kolkata
Permanent · Kolkata
INCREDIBLE TECHNOLOGIES PRIVATE LIMITED
Opening For Area Sales Manager at Bangalore
Permanent · Pune
MEDLEY PHARMACEUTICALS LTD
Medley - Regional Sales Manager - Pune - Cardio And Diabetic
Permanent · Pune
CENTURY PLYBOARDS (I) LIMITED
Area Sales Manager - Chennai
Permanent · Chennai
SALASAR BALAJI INDUSTRIES
Area Sales Manager
Permanent · Guwahati
CENTURY PLYBOARDS (I) LIMITED
Area Sales Manager
Permanent · Pune
INDUSIND BANK LIMITED
Area Sales Manager - Home Loan @ Indusind Bank
Permanent · Kolkata
NAVIN FLUORINE INTERNATIONAL LIMITED
Opening For dy. Manager - hf Production at Nfil, Surat
Permanent · Surat
NATIONAL PLASTIC INDUSTRIES LTD
Opening For Area Sales Manager
Permanent · Mumbai
DAMYAA (P.J) FOODS PRIVATE LIMITED
Area Sales Manager - Jabalpur & Chhattisgarh
Permanent · Bhopal
M/S. D2C INSURANCE BROKING PRIVATE LIMITED
Area Sales Manager
Permanent · Hyderabad
MCUBE CONSULTANTS
Area Sales Manager/ Sales Officer
Permanent · Indore
XOTIK FRUJUS PVT. LTD.
Area Sales Manager (gt)-Mumbai
Permanent · Mumbai
EXPONENT JOBS
Production Manager (Non Veg - Sausage), Location- Angola (Africa)
Permanent · Angola
HARI DARSHAN SEVASHRAM (P) LTD
Area Sales Manager - Maharashtra
Permanent · Pune
By
Reuters
Published
Mar 22, 2021
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

China's JD.com to invest $800 million in Dada Group

By
Reuters
Published
Mar 22, 2021

China’s JD.Com said on Monday it would invest $800 million in on-demand delivery platform Dada Group, following which the e-commerce firm will own about 51% of Dada.


Reuters



The investment comes at a time when JD.com is spinning off its logistics business, the in-house delivery network that gave it competitive advantage over larger rival Alibaba Group.

JD had merged its online-to-offline unit, JD Daojia, with Dada in 2016. Dada-JD Daojia, a Chinese online grocery and delivery firm, then in 2018 raised $500 million from Walmart Inc and JD.

JD.com on Monday also agreed not to sell, transfer or dispose of any shares bought in the deal for six months after the closing.

U.S.-listed shares of Dada jumped nearly 19%, while those of JD.com were up 0.5% in trading before the bell.

© Thomson Reuters 2021 All rights reserved.