Dada Nexus has received a proposal from JD.com to acquire the company at a price of $2.00 per American Depositary Share (ADS), representing a 42% premium over its current market price. Following the announcement, Dada Nexus's stock surged by 24.8% in pre-market trading. The buyout proposal indicates JD.com's intention to take Dada Nexus private, a move that comes as the company has struggled to gain traction since its initial public offering in 2020. The stock's performance reflects investor optimism regarding the potential acquisition.