UPDATE 2-China's Dada targets U.S. IPO amid Washington-Beijing tensions
June 01, 2020 at 11:14 AM EDT
Chinese online grocery firm Dada Nexus Ltd said on Monday it aims to raise up to $280.5 million in a U.S. initial public offering (IPO), attempting a listing on New York's Nasdaq at a time of deepening tensions between Washington and Beijing.
