Sources: JD.com is in talks to raise $500M in a US IPO for its online supermarket Dada-JD Daojia, a joint venture 10% owned by Walmart and controlled by JD.com (The Information)

The Information:
Sources: JD.com is in talks to raise $500M in a US IPO for its online supermarket Dada-JD Daojia, a joint venture 10% owned by Walmart and controlled by JD.com  —  Chinese online retailer JD.com is in talks with bankers to list shares of its online supermarket joint venture in the U.S. next May …

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