New Dada

Walmart to invest US$ 50 million in Chinese online grocery and delivery firm New Dada

Indiaretailing Bureau - October 21, 2016

Walmart has announced a US$ 50 million strategic investment in New Dada, China’s largest local on-demand logistics and grocery O2O e-commerce platform. The investment is an extension of Walmart’s broader agreement with JD.com and cooperation with New Dada, which...

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